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Technology giant Apple has been defending itself against accusations1 that it's been avoiding tax. The US Senate report found the company has avoided paying tens of billions of dollars in tax by spreading its accounts over a complex network of subsidiaries. Apple's Chief Executive Tim Cook has strenuously2 denied the claims during a Senate committee hearing.
"We pay all the taxes we owe, every single dollar. We not only comply with the laws, but we comply with the spirit of the laws. We don't depend on tax gimmicks3. We don't move in a electoral property offshore4 and use it to sell our products back to the United States to avoid taxes. We don't stash5 money on some Caribbean island.“
Tim Cook there .
Let's go to the markets and the Dow was 52 points up when it closed. The Nasdaq is six up. The S&P 500 is three up and in London overnight, the FTSE closed 48 points up .
To commodity prices.
West Texas Crude is trading at 96 US dollars a barrel. Tapis Crude is at 109 US dollars a barrel and gold is at 1376 US dollars an ounce .
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1 accusations | |
n.指责( accusation的名词复数 );指控;控告;(被告发、控告的)罪名 | |
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2 strenuously | |
adv.奋发地,费力地 | |
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3 gimmicks | |
n.花招,诡计,骗人的玩意儿( gimmick的名词复数 ) | |
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4 offshore | |
adj.海面的,吹向海面的;adv.向海面 | |
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5 stash | |
v.藏或贮存于一秘密处所;n.隐藏处 | |
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6 sterling | |
adj.英币的(纯粹的,货真价实的);n.英国货币(英镑) | |
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