in comparison over the same for years apple, inc. paid $4 billion under the cost sharing agreement to declare profits of $38 billion the subsidiary asi received almost twice the profits for property develop a by a apple, inc.. common sense says apple never would have offered such a lucrative arrangement

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taxes paid by apple inc at the u.s. rate of 35%, yes. >> there is no tax paid on the money itself that has been sent to apple -- excuse me, to aoi -- by theributors, distributors is that correct? not paid in ireland or the united states. >> the income of the subsidiaries have been subject to tax in the countries in which they operate. paid in ireland on those distributions by the is no dates? >> there u.s. tax on the transfer of the balances to aoi. the income earned by asi and subject to irish tax in full, in accordance with the agreement we have with ireland. >> is that a maximum of 2%? >> mr. chairman, i am not precisely sure of the mechanics of the competition. >> is that a maximum of two percent? >> approximately, yes. >> has aoi filed the corporate income tax return? -- in the last five years? >> no. prior to that, it made filings in france for a branch operation there. >> they paid no corporate income tax for the last five years at least, is that correct? >> again, they did not pay any corporate income tax, but a

apple, inc. is created three offshore corporations entities that receive tens of billions of dollars in income but which have no tax, not in ireland where they are incorporated and not in the united states where the apple executives who run them are located. apple has arranged matters so that he can claim these ghost companies for tax purposes exist nowhere. another pays tax to ireland equivalent to a tiny fraction of 1% of its total income. the first of these companies is apple operations international or al eye. on this chart which we will put up over here it shows apples offshore corporate network. al eye is at the top of the structure. apple is the sole owner. it in turn directly or indirectly owns most of apples other offshore entities. under irish law, a only companies that are managed and controlled in ireland are considered irish residents for tax purposes. apple says that although aoi is incorporated in ireland the company is not managed and controlled in ireland and therefore is not a t

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[captioning made possible by the national captioning institute, inc., in cooperation with the united states house of representatives. any use of the closed-captioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u.s. house of representatives.] the chair: on this vote, the yeas are 246, the nays are 168. he amendment is adopted. the unfinished business is request for recorded vote on amendment number 2 printed in house report 113-88 by the gentleman from california, mr. waxman, on which further proceedings were postponed, and which the noes prevailed by a voice vote. the clerk will redesignate the amendment. the clerk: amendment number 2 printed in house report 113-88 offered by mr. waxman of california. the chair: a recorded vote has been requested. those in support of a request for a recorded vote will rise and be counted. a sufficient number having arisen, a recorded vote is ordered. members will record their votes by electronic device. this is a two-minute vote. [captioning made possible by the national captioning institute,

>> chairman -- . >> do they all work for apple inc.? >> they all do. they all work for apple inc.? and i think we ought to be able to try to a straight an on this. in term of the cost share agreement which shifted the economic right the intellectual property shifted the economic rights these are the crown jewels of apple inc. they were shifted to the irish companies in an agreement signed by three people all of whom work for apple. that's factual the case. it's not say i'm wrong. now, i would just . >> you stick with your characterization. i disagree with your characterization. you signed the agreement in 2008 did you? >> yes. >> don't you work for apple? >> i do. i think there's are important contacts. >> i want to get the facts out and call on you for the context. mr. cook, you signed that agreement, did you not 2008? >> i signed the 2008 agreement, yes. >> and you were working for apple at that time? >> i've been working for apple for fifteen years, sir. and the other person who signed it sibl the mr. in 2008 it was the treasurer for apple? >> i'm not sure. i don't have the agre

ceo and chairman says gap inc. has been executing the strategic plan to become a global retailer with a dominant portfolio of brands since 2008. we have made meaningful progress each year and are pleased that investors have taken notice especially since early last year. gap shares have returned 78% doubling the performance of the s&p retail index. though some question whether the strength is sustainable. an under perform on the shares concerned about the recent departure of creative adviser. key bank has a hold on the stock believing the shares are currently fairly valued. but the company is only looking forward. part of the growth strategy includes international expansion. gap says this year for the first time it will be entering hungary with gap stores. mexico will get a banana republic and costa rica will get a gap and a banana republic location for the first time. for "nightly business report" i'm courtney reagan. >> tomorrow we continue our series on companies making remarkable comebacks with a look at yahoo.

limostop, inc. will do everything possible to investigate and assist authorities in determining the cause of this fire in order to help bripg forth answers and provide closure to the victims and their families." >> stay with nbc bay area for continuing coverage of the deadly fire. you can also get the latest details on our website, nbcbayarea.com. >>> just in to our newsroom, the state supreme court says california cities have a right to ban pot shops. within the past hour, california's highest court ruled local governments can use their zoning powers to keep out medical marijuana dispensaries. the unanimous ruling came in its legal challenge to ban the city of riverside enacted three years ago. marijuana advocates say it goes against the law california voters approved 17 years ago legalizing marijuana use for health reasons of we'll have much more on the story tonight on nbc bay area news at 5:00 and 6:00. >>> east palo alto holding a news conference in the next hour after a series of events includ

captioni provided by touchstone television and abc, inc. captioned by closed captioning services, inc. victim is remembered. a town came together to pray for the girl, her family and for the capture of her killer. good evening. i'm dan ashley. >> i'm carolyn johnson. leila fowler was stabbed to death in her home in valley springs east of stockton in calaveras county. tonight we hear from her heart broken family. john alston is live in valley springs for us. john? >> carolyn, more than a thousand people showed up here , 10 bus loads of people and others found other ways to arrive. the family of leila fowler was here and just about everywhere they turned they were met with hugs. leila fowler's family turned to each other for support and they felt the embrace of a thousand community members who turned out to celebrate the life of the eight-year-old girl. her older brother, justin, was the first family member to speak. >> i am not saying goodbye to leila. i will stacey you later. i will say see you later. >> throughout the ceremony he comforted

. >> this is a crew at the bounce inc., a trampoline park.decided to shoot themselves free jumping. for this video, bounce, inc. partnered up with infinity list to put it together. >> this is cool. these dudes are doing crazy flips, flipping all over the place, bending around. it almost looks like they're not going to make it, then they do. >> you can't see the momentum because it's -- >> so slow. >> yep, it is cool to see the they're constricting their muscles, jumping off the walls. >> the girl is flipping into a big foam pile. >> that would be sweet. i want to go to this place. i don't care if they don't have slow-motion cameras. i just want to jump around. >> there's one down the street, actually. >> jump around, jump around, jump up, jump up and get down. >> there you go. how cool is free jumping in. >>> that's our show, everybody. how cool is free jumping in. >>> that's our show, everybody. we'll see you next time. -- captions by vitac -- www.vitac.com >>> coming up on "dish nation" -- >>> $300,000 stolen at a justin bieber concerted. >

the one foundry in the country bradken, inc. who is the largest in the country has committed pricing for the project. they were the bidding that were used by [inaudible] when they built the project originally and as purchasing it now in the purchase order opposed to the steel package we save about eight weeks on the schedule and helps with the delays of the structure steel and we will save money from the steel bidders and i believe have more control of the nodes through the vendor working directly for tjpa. any questions? >> i think there are no questions from this board. we do have a motion and a second on this item. >> and no members of the public indicated they wanted to address you on the item. >> thank you very much. so let's take roll call on this councilmember. >> with that director harp everybody. >> aye. >> director lloyd. >> aye. >> director metcalf. >> aye. >> director reiskin. >> aye. >> chair kim. >> aye. >> that is five aye's and the item is approved. >> thank you. go ahead and call item 10. >> approving the minute

oning services, inc. san jose where firecrews made quick work of a fuel with dry grass and strong winds. good evening. i'm carolyn jhnson. >> i'm dan ashley. the fire that broke out is on coyote road and continental drive. this morning there was another gras fire not far away on singleton road. ama live on the scene of tonighs fire. ama? >> dan, tonight's fire is contained. it was really hard to spot, but as you can take a look om the video that we have shot, there was lots of fire engines on scene. it was a two-alarm fire. like i said, it was contained, but it was in heavy brush and hard to see. it was hard for the firefighters to get to. they say they will be on scene for several more hos cutting through the brush to make sure that the fire does not start back up. cal fire is out here helping them as well. no structures were threatened and no one was injud. the fire earlier spread quickly because of the winds today. it started in a filed at singleton road and locke drive just before noon. it shows winds

inc. you, madam president. commissioner. , madameally surprised minister to hear you're just pick up the elements in the communication on macroeconomic figures, really beyond criticism, because we had this talk about the various issues, which we are talking about. it is not just socks and things like that. it is societal choices we have to talk about. audiovisual services, including internet and the cultural exception. to refuselso the need gmo'slorinated meat and that theone-fed beef u.s. wants to sell us. how can you go and explain that in a few years, multinationals can demand hundreds of millions of euros of compensation because ireland and the irish people would decide to put their own public policy of far as health issues concerned. these are the choices we are negotiating and we are doing it without any proper information. haveen the commission, we a negotiating mandate which changes any that they have got access to. we are in a situation where ordinary people do not know what is being negotiated. we are

>> reporter: i reached out to the limo company, limo stop, inc., and got an email from the owner who told me that they are saddened by the tragedy and they are doing everything possible to assist authorities and bring closure to the families. michelle? >> all right. elissa harrington live in san jose, thank you. >>> well, that horrifying fire scene was captured on cell phone video. roxana and carlos guzman had their cell phone cameras rolling as they were driving past the scene of that deadly fire on saturday night. they didn't know at the time though that five women were trapped inside that burning car. >>> just like me, i have been on that limo before. i still feel bad because maybe -- >> i'm still in shock. i can't believe it. my condolences to the family. >> the guzmans didn't learn until yesterday that the fire they saw saturday night killed five women. >>> a family limousine business has been around for 20 years, he won't speculate on the cause of saturday night's fatal fire but gives us some insight into the industry regulations and safety procedures. he says fire extinguisher

. >> and my final 45 seconds here, inc. of japan and yesterday they reiterated their significant buying and has been depreciated 5% against the dollar. how do you see this in terms of the potential currency war, race to the bottom. our a world central banks leading towards trying to end a war here is depreciating currencies? >> a statement with which we agree which monetary policies with the domestic economy are not specifically designed to effect relative exchange rate because whatever effect they have an exchange rates, they affect domestic demand in japan, but more trade and activity around the world. we're supportive of japan's policy and i would make two observations. one is that under the current plan the japanese bank of japan balance sheet as a share of gdp will be three times larger than the feds to give you a sense of proportion and secondly the actions they've taken seem to a fairly germanic effects both on financial markets, but also so far as we can tell on aspects of the real economy. i take that with a bit mo

without using that language in a technical sense with respect to lead inc. so we're still waiting for an estimate from the reconstruction. i can show you if you want documentation backing up what i'm telling you. i have - we talked about the lead base paint that's undertaking from her property. he did not stated they tried to get on the property but weren't allowed to and we have photographs. i can show you those now but i don't know if that's productive. if we can put t this over to the next hearing we can get the contractor who wants to do the work i don't think there's any problem with that. she feels that contractor has all the appropriate certifications and we're simply going to accommodate her and use the person she wants to do the work provided the estimate is a reasonable estimate. but if it's a reasonable estimate we'll use that. i would request we expedite this hearing and i request we expedite this hearing i have to be in court at 9:30. thank you >> thank you does the did not have anything else to say. >> i would like to know the amount of time ne

>> they did not, but apple inc.income taxes. >> i did not ask you about apple inc., i asked you about aoi. what is the amount of cash that went to aoi for those dividends? >> over what period of time? >> five years. >> -- aoi is a holding company. cheryl: good afternoon. i am cheryl casone along with dennis kneale. the question here, did apple use, basically, overseas tax initiatives to avoid paying u.s. taxes. this is in regard to its ireland operation. tim cook looking pretty strong and confident so far. dennis: we are monitoring that. cheryl: we will continue to look at those hearings. there is a lot of breaking news today. including what has been happening down in oklahoma. it really is devastation. the city of moore, oklahoma, trying to recover after a massive tornado ripped through that area. the number was revised down from 51. authorities are warning that the death toll could go higher. people are being treated at area hospitals. they are labeling this tornado and he asked for. officials say it could be upgr

deficit and how you over the past 5 years cut 25.5 million over the last 5 years and also how you inced

. >>> con 12 aÑos como chofer, e reinaldo soto gtuvo dos inc incidentes menores sin elesion d lesionadosdo de broward lamento el n incidente y las autoridades in f investigan el caso >>> los abogados que representan a ariel castro, el acusado de i vioalar y secuestrar a 3 jove i citas, tdijeron que su cliente e declaraa no culpable y que no d todo lo que se ha dicho en los medios es cierto y que castr5 o ono es un monstruo. >>> fue arrestado la semana pa a pasada, despuÉs que una joven e escapo de su custodia. >>> hay alarma en alas fzuerza a armasdas de estados unidos por l aumento de abuso sexual entre i militares, el temor de las vi i vicÍctimas a enfrentar reprsala sigue siendfo de preocupaciÓn para el pentÁgono. >>> su funciÓn era prevenir el a abuso sexual en allas ffauerzas armadas, pero de acuerdo al p pentÁgono, un sargento de primera clase en fort wood texas estÁ siendo investigado por ab abuso sexual a un soldado . >>> sabemos muy bien lo que teÁa pasando en las ffuerzas armadasy necesitamos parar esto. >>> el caso es el segundo en un mes y surge cuando los reportes anÓnimos d

inc. theypenses, would've been able to pay if the disaster had not occurred. -- things they would have been able to pay if the disaster had not occurred. helps the entire community. the loans we are making our for repairs for property or the working capital. it is going into the local rebuild. it is helping with damage to homes. it helps the whole community recover. >> what is the biggest misconception? name isy be that our the small business administration. people look at the application essay i do not have a business. people who have rental properties can apply. it applies as a renter. that is the big think. we want people to know it. they do not have to make that decision. they'll have plenty of time to do that. they can see if we can help them. >> we will show some of the commencement speeches from around the country. we begin with for present apollo ryan. ryan.resentative paul and then nancy pelosi. , we were speeches from elizabeth warren. a&m.flores at texas wisconsin representative

[captioning made possible by the national captioning institute, inc., in cooperation with the united states house of representatives. any use of the closed-captioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u.s. house of representatives.] the speaker pro tempore: the yeas are 200 and the nays are 227. the motion is not adopted. the question is on passage of the bill. those in favor say aye. those opposed, no. the yeas have it. the gentleman from new jersey. >> i ask for a recorded vote. the speaker pro tempore: a recorded vote is requested. those requesting a recorded vote will rise. a recorded vote is ordered. members will record their votes by electronic device. this is a five-minute vote. [captioning made possible by the national captioning institute, inc., in cooperation with the united states house of representatives. any use of the closed-captioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u.s. house of representatives.] the speaker pro tempore: on this vote,

[captioning made possible by telco productions, inc.]

. >> hi, i'm here as a representative of woman inc, which i wanna thank you for discussing this really important topic today. transgender women are survivor [inaudible] we are thankful for the recent media coverage on the hate against trans communities. [inaudible] of 43 lgtbq /sp-fbg about violence [inaudible] ourity, >> i have been in as much /s-f for a very short period of time, about four months and i have felt very welcomed in the organization that's received me with open arms. i'm a volunteer there and i really appreciate the work of this organization. we have many needs in our organization. we offer many services like peer support services, help fiending housing and we're a community that has a wide variety of needs. i see the needs of my sisters. many of us have to sleep in the street and homeless shelters in situations that are often intimidating and difficult. and ella is a space where we feel at home, we have a cup of coffee, we have any food that's available and offered there, but most importantly it's a space that we feel safe. but we have many needs and i'm asking you tod

captioning is made possible by the nenberg/cpb project captioning performed bytheg institute, inc. captions copyright 1986 educational film center annenberg media ♪ for information about this and other annenberg media programs call 1-800-learner and visit us at www.learner.org. annenberg media ♪ annenberg media ♪ it was 1927. once again, havoc reigned throughout the mississippi and tennessee valleys. during a great depression, congress created the tva-- a federal project to control the ravages of the great tennessee river. why would anyone object? medical advances have added years to americans' lives. but not everyone can afford medical care's high cost.

possible by disney--abc cable networks group captioning performed by the national captioning institute, inc. >>> live, this is abc 7 news. >>> tonight we are getting the full, heart breaking story of what happened inside that limousine that caught fire on the san mateo bridge. >> here's what we learned so far. the limb/had nine passengers, one more than is allowed under state rules. the rear end of the limo was running very close to the ground as it was moving. >> the survivors had to crawl through a pash tigs dividing the driver's from the passenger's compartments. among the dead are nurses from community hospital. >> and we received photos of two other women who were killed. all were on a girls night out to celebrate the bride's marriage. our reporter talked with a husband tonight. >> reporter: carolyn, he said he and his wife did almost everything together. they would even go grocery shopping with each other. bun on a rare occasion she went out on saturday night and left him alone with the children. >> it's almost that close to perfect. >> reporter: it was the life he shared with his wif

bring this matter to a peaceful resolution and work on a collaborative community service project to ince hans our partnership. -- enhance our partnership. >> if you know that there's a certain issue at one station and maybe it's gallery place that we do things around the school that may be releasing the times that they're releasing and adult supervision around those release times. >> the reported -- we reported last night that metro plans to set up a meeting between school officials and d.c. police. i'm told that is the works for marketing strategy to communicate with young riders. and metro is asking parents to discuss with their children what is appropriate and what is inappropriate on the metro line. >> investigators are looking into whether friday was retaliation. >> now to a news alert. the search continues for four people in a smash-and-grab robbery in chevy chase at the cartier store on wisconsin avenue. one man was buzzed into the store. he led three masked accomplices in and they took control of the store smashed a display case made off with extensive july let police on a jays e