Mr. Cook Goes To Washington
Apple found itself under the microscope of the U.S. Senate Tuesday when the Permanent Subcommittee on Investigations held a hearing about Apple's tax avoidance practices. The subcommittee criticized Apple for the use of offshore subsidiaries in Ireland to avoid paying corporate income taxes in the U.S. and Ireland. Apple CEO Tim Cook testified before the subcommittee and offered his thoughts on the use of offshore tax shelters, the U.S. corporate tax rate, Apple's international expansion, and its effect on the economy. Here are 10 key quotes from Cook's testimony before the U.S. Senate Tuesday.