Evasion

Apple CEO Cook, CFO Oppenheimer and Apple Head of tax operations Bullock are sworn in to testify at Senate homeland security and governmental affairs investigations subcommittee hearing on Capitol Hill...Apple CEO Tim Cook (C), CFO Peter Oppenheimer (L) and Apple Head of tax operations Philip Bullock are sworn in to testify at a Senate homeland security and governmental affairs investigations subcommittee hearing on offshore profit shifting and the U.S. tax code, on Capitol Hill in Washington, May 21, 2013. Apple Inc came under fire on Tuesday at a Senate hearing over an investigation that alleged the U.S. high technology icon has kept billions of dollars in profits in Irish subsidiaries and paid little or no taxes to any government.   REUTERS/Jason Reed    (UNITED STATES - Tags: POLITICS BUSINESS)

Jason Reed/Reuters

Apple chief executive Tim Cook (centre), chief finance officer Peter Oppenheimer (left) and head of tax operations Philip Bullock are sworn in to testify at a Senate homeland security and governmental affairs investigations subcommittee hearing on offshore profit shifting and the US tax code, on Capitol Hill in Washington. Apple came under fire on Tuesday at the hearing over allegations it had kept billions of dollars in profits in Irish subsidiaries and paid little or no taxes to any government. 

EU Parliament Session in Strasbourg...epa03709926 Members of the Parliament vote during a plenary session at the European Parliament in Strasbourg, France, 21 May 2013. European Union leaders must go beyond promises when they tackle the issue of tax evasion at a Brussels summit this week, several leading EU parliamentarians said on 21 May - hours after internet giant Apple was accused of dodging US income taxes. 'Do we really have the courage and the willingness to fight tax evasion and tax havens? We need strong action, not only declarations,' Socialist leader Hannes Swoboda said during a debate at the European Parliament plenary in Strasbourg, France.  EPA/Patrick Seeger

Patrick Seeger/EPA

Members of the parliament on Tuesday vote during a plenary session at the European Parliament in Strasbourg, France. EU leaders must go beyond promises when they tackle the issue of tax evasion at a Brussels summit this week, several EU parliamentarians said, hours after Apple was accused of dodging US income taxes.