“One of the business leaders President Obama called last weekend before he began his Southeast Asia visit was Apple CEO Tim Cook,” Philip Elmer-DeWitt reports for Fortune.
“The President met with a dozen CEOs last week to talk about the so-called fiscal cliff, and he reached out to four more over the weekend, including Cook,” P.E.D. reports. “The White House did not disclose the subject of their chat, but it’s not hard to guess.”
P.E.D. reports, “Apple, which has shipped almost all its manufacturing work to Asia, has lobbied heavily for a tax holiday that would allow it to ‘repatriate’ some the cash it has accumulated overseas — i.e. spend it in the U.S without having to pay federal taxes on it.”
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Obama discusses ‘fiscal cliff’ with Apple CEO Tim Cook, Warren Buffett, Jamie Dimon – November 19, 2012
Apple’s showdown with the U.S. government over taxes on offshore cash – July 13, 2012
Apple‘s $74 billion tops list of U.S. tech companies’ overseas cash – July 9, 2012
Apple’s dividend move puts spotlight on foreign cash holdings, repatriation tax reform – March 20, 2012
Apple: Good start; and what about the overseas cash? – March 19, 2012
Apple’s foreign cash hoard piles up: $54 billion and rapidly growing – January 11, 2012
Senator John McCain eyes Apple’s $54 billion overseas cash pile – November 3, 2011
Google joins Apple in push for U.S. repatriation tax holiday – October 3, 2011
Apple lobbies Obama for tax holiday, wants to bring overseas bounty home – August 24, 2011
U.S Senate Democrat Schumer allies with Apple, other multinationals on repatriation tax talks – June 21, 2011
U.S. companies push for tax break on foreign cash – June 20, 2011
Apple, Oracle, Duke Energy, others organize lobbying blitz for tax holiday – February 17, 2011