Taxing Testimony: 10 Highlights From Apple CEO Tim Cook's Remarks To Congress


Apple Pays A Lot In Taxes

"With all this growth an investment, to the best of our knowledge Apple has become the largest corporate income taxpayer in America. Last year, our U.S. federal cash effective tax rate was 30.5 percent and we paid nearly $6 billion in cash to the U.S. Treasury. That's more than $16 million each day. And we expect to pay even more this year."