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Apple scheming to avoid taxes? ‘Total political crap,’ says Tim Cook

December 21, 2015

Via: CNN

Accusations that Apple doesn’t pay enough in U.S. taxes is “total political crap,” CEO Tim Cook said in an interview set to air Sunday.

“Apple pays every tax dollar we owe. We pay more taxes in this country than anyone,” Cook told Charlie Rose of CBS’ “60 Minutes.”

Thanks to its outsized profits — the company booked $11.1 billion last quarter — and the fact that two-thirds of its business is overseas, Apple has topped the list of U.S. multinationals in the crosshairs of some lawmakers.

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