Tim Cook Meets With Speaker of the House John Boehner | Tech NEWS

Written by Tech NEWS

Topics: General

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Tim Cook met with Speaker of the House John Boehner (R-OH) today. It is unknown what the topic of discussion was, but it’s possible that Tim Cook was lobbying the Mr. Boehner to pass a tax holiday that would allow Apple and other companies with large overseas tax holdings to bring back their earnings at a lower corporate tax rate.

As of its most recent earnings call, Apple held $74 billion of its $110 billion in cash and marketable securities offshore.



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