Business: Columnists and Blogs - The Washington Post: Wonkblog: Marty Sullivan figured out how the world’s biggest companies avoided billions in taxes. Here’s how he wants to stop them.

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Wonkblog: Marty Sullivan figured out how the world's biggest companies avoided billions in taxes. Here's how he wants to stop them. Oct 26th 2013, 12:02, by Steven Pearlstein It was a humbling experience for the chief executive of the world's most valuable company. Hauled before a Senate panel, Apple's Tim Cook had to explain how an American company whose American engineers had created the iPhone and the iPad was able to avoid paying any taxes on billions of dollars in profits generated by those products — not to United States, not to any country. The only defense the Cook could conjure up for Apple "stateless" income was that it was all perfectly legal. Read full article >>

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