Levin welcomes the decision to close the Cayman accounts.
07/16/2012
https://www.congress.gov...
But there is no income--there is no tax paid on the money itself that has been sent to Apple.
I mean, if they can do it, why couldn't every multinational do the same thing?
AOI has received about $30 billion over the last 5 years, but has not filed a corporate income tax return.
Where are we? How can we possibly be in a situation today where the law permits income to be allocated to a company resident nowhere and not...