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Apple CEO Tim Cook Says He’s ‘Optimistic’ About International Tax Deal

  • Cook says OECD is best place to agree future tax system
  • While system isn’t perfect, taxes can’t be “retrofit”
Tim Cook speaks in Dublin on Jan. 20.

Tim Cook speaks in Dublin on Jan. 20.

Photographer: Niall Carson/PA Images via Getty Images

Apple Inc. Chief Executive Officer Tim Cook said he’s “hopeful and optimistic” the intergovernmental Organization for Economic Co-Operation and Development will strike a deal on corporation tax, as his company battles the European Union over a tax bill.

Speaking at an event in Dublin on Monday, Cook said the debate on taxing “complex” multinational companies needs to take place at a global level. The OECD is meeting with countries this year about a plan to overhaul the tax system and address concerns that these firms, particularly tech giants, aren’t paying taxes in the right amounts or to the right countries.