The Senate Permanent Subcommittee on Investigations summoned Apple’s CEO to Washington, basically because Apple minimized its US tax obligations in ways that are legal under the US’ overly complex corporate tax code. It struck me as a fairly transparent bit of grand-standing; or what you should expect from the Congress, in other words.
Senate Subcommittee Accuses Apple of Tax Gimmicks
Apple avoids billions in U.S. taxes through creative, unique tax structures, and even negotiated a special corporate tax rate of less than 2% with the Irish government, according to a report released by the Senate Permanent Subcommittee on Investigations, ahead of its Tuesday hearing featuring CEO Tim Cook.
Rand Paul took his colleagues to task for their investigation and rightly so.



