In an interview with the Irish broadcaster RTE, Mr. Cook said the company paid its fair share in Ireland, the United States and elsewhere. Mr. Cook also noted that Apple planned to send some of its enormous amount of cash overseas back to the United States next year, although he did not specify how much. Those international reserves have been particularly divisive as they remain out of the reach of American tax authorities. Mr. Cook, in the interview on Thursday, did not say whether the so-called repatriation of such funds would hinge on changes to American tax law. Still, Mr. Cook took issue with Europe retroactively issuing penalties, taking the same position as American officials.

Source: International New York Times September 01, 2016 07:56 UTC