Calculating Apple’s True U.S. Tax Rate [DealBook]
New York Attorney General Sues HSBC [WSJ]
California Senate Votes to Strip Boy Scouts of Tax-Exempt Status [AWEB]
High School non-musical IRS scandal edition. Joe Kristan is only two degrees removed from Lois Lerner. Fascinating. [Tax Update]
More than 80% of “Tea Party” Applications Should Have Been Reviewed Anyway [Martin Sullivan/Tax Analysts]
Ex-Porsche CFO Haerter Convicted Over Failed VW-Bid Loan [Bloomberg]
Jim Turley called Tim Cook's performance in front of the Senate Permanent Subcomittee on Investigations brilliant. [JBJ]
Governor Cuomo’s “Tax-Free NY” Plan [TF]
Michael Froman, a longtime White House economic aide nominated to be President Obama’s trade representative, holds close to $500,000 in the Cayman Islands and received millions of dollars to divest himself from Wall Street accounts that rely on a tax loophole the administration has sought to close. [NYT]
Anchor and Meteorologist Can Barely Hide Their Disdain for Each Other This is amazing. [Gawker]
