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Apple’s tax tactics and closing loopholes

June 4, 2013
By Sen. Carl Levin , Daily Press

WASHINGTON - Recently, the Senate Permanent Subcommittee on Investigations, which I chair, held the latest in a series of hearings to examine how U.S.-based multinational corporations use loopholes in the tax code to avoid paying U.S. taxes. An earlier hearing examined tax avoidance strategies at Microsoft and Hewlett-Packard; our recent hearing looked at Apple.



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