Apple CEO Tim Cook http://wfpl.org en Senator Rand Paul Defends Apple Against Tax Evasion Charges http://wfpl.org/post/senator-rand-paul-defends-apple-against-tax-evasion-charges <p>Republican U.S. Senator Rand Paul of Kentucky blasted Democratic lawmakers for calling on Apple Inc.'s chief executive to testify over moving assets offshore to avoid taxes.</p><p>Apple CEO Tim Cook was called to testify before a Senate panel on Tuesday over claims the technology company is exploiting loopholes to avoid paying billions of dollars in taxes.</p><p>A report compiled by the Senate Permanent Subcommittee on Investigations found Apple is holding around $102 billion of its $145 billion in profits overseas while using technicalities to avoid any levies.</p> Tue, 21 May 2013 15:45:04 +0000 Phillip M. Bailey 5483 at http://wfpl.org Senator Rand Paul Defends Apple Against Tax Evasion Charges