Tim doesn’t look too happy, does he? And no wonder: the Senate Sub-Committee Hearing to Examine Offshore Profit Shifting and Tax Avoidance by Apple Inc. is a hostile room, and the experts are being very clear about the why and how Apple is dodging its U.S. tax burden. And so far, the only person defending Apple in the room is Rand Paul.
Tim Cook is expected to testify before the Senate Sub-Committee sometime this morning. We’ll be covering it live.