Apple grapples with Senators over tax

The chief executive of Apple, Tim Cook, has been defending his company's tax arrangements before a Senate committee in Washington. The company says it is one of America's biggest corporate taxpayers; lawmakers say it is one of the country's biggest tax avoiders. We'll be hearing how attention has been focused on subsidiaries which are based in Ireland, run from America and registered for tax...nowhere. We ask how Ireland benefits from arrangements like these, and whether Ireland can be considered a tax haven. Also in the programme: JP Morgan boss Jamie Dimon faces the wrath of shareholders; and how boot camps are becoming big business in Australia.

Release date:

Available now

28 minutes

Last on

Tue 21 May 2013 16:32 GMT

The World Business Report Review of the Year

Review of the year - 2014

A look back at the business stories that have shaped the world since 1990!

Britain and the EU - what next?

EU flag Brussels

Leading politicians and business experts debate the future for the UK and Europe

World Business Report at 25

World Business Report at 25

The peaks, troughs and financial mood swings from the last quarter century

Download the Podcast

Earphone

Listen to the latest editions of World Business Report