Bloomberg Interviews David Rosenbloom Regarding Apple's Tax Strategy

05.21.2013
Bloomberg

Bloomberg spoke with H. David Rosenbloom concerning the legality of Apple's tax avoidance strategies. Mr. Rosenbloom commented that there is nothing illegal with benefitting from tax loopholes and "Congress has created a very intricate system and companies can be expected to take advantage of it." He further remarked that "Apple will most likely use this occasion to push for a territorial system and perhaps a lower corporate tax." Mr. Rosenbloom stated that the prior tax amnesty for repatriated earnings didn't "serve the nation well." He went on to say that "the liquidity of multinationals is not the big problem in the United States, that's not what is keeping us from increasing jobs, so it is unclear why we should go to an amnesty except as part of a broad reform movement." For the complete interview, please visit Bloomberg's website.

Attorneys

Related Practices/Industries

Jump to Page

We use cookies to make your experience of our website better. By continuing to browse this site you content to the use of cookies. Please visit our Privacy Policy for more information.