DUBLIN - Everyone knows that the global corporate tax system needs to be overhauled, Apple Chief Executive Tim Cook said on Monday, backing changes to global rules that are currently under consideration.
"I think logically everybody knows it needs to be rehauled, I would certainly be the last person to say that the current system or the past system was the perfect system. I'm hopeful and optimistic that they will find something," Cook said. The appeal to the EU's second-highest court began in September and could run for years. Cook said Apple's belief that"law should not retrofitted" was at the heart of the case and that the company had great faith in the justice system.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Apple's Cook says global corporate tax system must be overhauledEveryone knows that the global corporate tax system needs to be overhauled, Apple Chief Executive Tim Cook said on Monday, backing changes to ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Apple's Cook says global corporate tax system must be overhauledEveryone knows that the global corporate tax system needs to be overhauled, Apple Chief Executive Tim Cook said on Monday, backing changes to ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Commentary: Companies are cutting costs but dressing up moves as climate actionPolicies that cut down waste may be motivated by corporate-friendly intentions, says the Financial Times' Pilita Clark.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Tech revolution could worsen global inequality, says WEFZURICH (BLOOMBERG) - Global inequality is going to worsen unless governments do more to ensure those most affected by rapid technological change aren't just cast aside and forgotten, according to the World Economic Forum (WEF).. Read more at straitstimes.com. Wait till the robots take over most of blue collar jobs and unemployment rates skyrocket... but I don’t see any liberals or GretaThunberg crying about that....
Source: The Straits Times - 🏆 8. / 63 Read more »
IMF cuts global growth forecasts as India falters, says bottom may be nearThe International Monetary Fund on Monday trimmed back its 2020 global growth forecasts due to sharper-than-expected slowdowns in India and other ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
The Big Read: The funeral industry may have overhauled its image, but it faces new problemsAs the funeral industry evolves on the back of heightened interest from the younger generation, it has made strides towards professionalising its ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »