Detailed text transcripts for TV channel - KGO - 20130522:10:15:00 : vimarsana.com

Detailed text transcripts for TV channel - KGO - 20130522:10:15:00

she plans to plead not guilty. if found guilty, she could face 20 years in prison. apple's chief executive is denying allegations that his company avoided paying u.s. taxes. apple pays every single dollar that it owes. he disputed a report that found that the company had been shifting properties to foreign subsidiaries to avoid taxes. he said the outdated tax system has not kept up with the digital age. some senators agreed. >> i think congress should be on trial for creating a bizarre, byzantine tax code. >> apple is a great company, no company, no company should be able to determine how much it is going to pay in taxes. >> a staggering number for you apple is holding $102 billion of its total $145 billion of its cash overseas.

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