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Apple Hid $44 Billion Of Profits Offshore, Says Bipartisan Report

Tim Cook, due in Washington today, will not find the report easy reading. It claims that, while it didn’t break any laws, the firm used U.S. tax loopholes and the low rate of business tax in Ireland to shield $44 billion from the world’s fiscal systems.

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About the author

My writing career has taken me all round the houses over the past decade and a half--from grumpy teens and hungover rock bands in the U.K., where I was born, via celebrity interviews, health, tech and fashion in Madrid and Paris, before returning to London, where I now live. For the past five years I've been writing about technology and innovation for U.S

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