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Apple CEO to lawmakers: Fix U.S. tax code!

Reuters Business
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May 21, 2013 AT 5:45 PM
Apple CEO Tim Cook tells lawmakers "we are a proud American company" but the U.S. tax code has not kept up with the digital age, leading Apple to keep billions of dollars offshore, a practiced which is being criticized for avoiding U.S. tax payments. Conway G. Gittens reports.