Apple Steps Up Lobbying Efforts Against European Tax Probe
- Cook met with European Commission antitrust chief in Brussels
- U.S. Senators come to Apple's defense against tax penalty
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Apple Inc. is pushing back against an European tax investigation that could force the iPhone maker to pay more than $8 billion in back taxes.
Chief Executive Officer Tim Cook met with the European Commission’s antitrust chief Margrethe Vestager in Brussels on Thursday to press the company’s case. After the meeting, Cook sent out a tweet highlighting figures showing that the company’s products support more than 1.4 million jobs across Europe. Meanwhile, government officials on both sides of the Atlantic have come to the company’s defense to lobby against a penalty.