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Doesn't Apple maintain their incorporation in Ireland so that they don't have to pay taxes? I remember a year or two back that Ireland began questioning Apple's
by lps41 11y ago
Doesn't Apple maintain their incorporation in Ireland so that they don't have to pay taxes? I remember a year or two back that Ireland began questioning Apple's tax status.
I wonder if Apple agreed to hire workers in Ireland in exchange for keeping their tax status in Ireland.
- godzillabrennus 11y agoMy understanding is that the foreign entity that acts as the haven has to be a legitimate business entity. This hiring binge aligns well with keeping that facade up.
- raverbashing 11y agoTalk about a facade that hires 1000 people, it's almost like they're not even trying to pretend anymore
- arbitrage 11y agoThey've never tried to pretend, nor had to, because it's perfectly legal and an accepted financial standard of practice.
- sjwright 11y agoObviously Apple picked Ireland for tax reasons, but 5,000 employees is a remarkably thick facade. Compare that to 16,000 people in Cupertino — I'm pretty sure that makes Ireland Apple's largest pool of office employees outside of their HQ.
- natrius 11y agoApple's Austin campus will employ about 7000 people. http://www.techtimes.com/articles/82805/20150909/apples-austin-campus-for-7-000-employees-nears-completion.htm http://www.techtimes.com/articles/82805/20150909/apples-aust...
- de_Selby 11y ago>will
- mywacaday 11y agoDon't forget the 850 million Euro data center that Apply are building in Galway recently got the go ahead. http://www.irishtimes.com/business/technology/planning-permission-granted-for-apple-data-centre-in-galway-1.2347136 http://www.irishtimes.com/business/technology/planning-permi...
- draw_down 11y agoThat is so silly.
- rmc 11y agoIreland isn't questioning Apple. The US government were IIRC. The Irish political establishment & electorate just care about jobs. There's an election in Ireland in a few months. After the property bubble burst, and the economy tanked, the parties currently in government love to claim any good signs for the economy. 1,000 jobs! Do you know how many votes that'll be? Who cares about taxes, the people want jobs.
- Oletros 11y agoThe ones investigating countries like Ireland and Luxembourg and companies like Apple, FIAT or Amazon are the EU commision
- totalrobe 11y agoLabor is cheap in ireland too. Process engineers at intel in dublin only make about 40k euro with masters degrees.
- merrua 11y agoThats basically it. Cheap english speaking technically educated workforce, most with experience working for other american companies.
- gaius 11y agoThe word you're looking for is "double Irish" https://en.wikipedia.org/wiki/Double_Irish_arrangement https://en.wikipedia.org/wiki/Double_Irish_arrangement Also see "Dutch sandwich".