Apple May Be Facing a Hefty $8 Billion Tax Bill in Europe

Apple could owe more than $8 billion in back taxes as a result of a European Commission investigation into its tax policies. Bloomberg Intelligence's Matt Larson has more on "Bloomberg West." (Source: Bloomberg)

Gary Cohn Says Corporate Tax Rate Must Get Below 23%
23:15 - U.S. National Economic Council Director Gary Cohn talks about the importance of tax reform and the need to bring the U.S. corporate rate below the OECD average of 23 percent. He speaks on "Bloomberg Daybreak: Americas." (Source: Bloomberg)
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  • Full Show: Bloomberg Daybreak: Americas (08/01)