Ireland Stories September 26

AAPL: 112.88

0.17
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Ireland Stories August 31

AAPL: 106.10

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After it was revealed that Apple paid an effective tax rate on its European profits of just 0.005% in 2014, a local tax and advisory firm has said that while other multinational companies had similar arrangements with Ireland, Apple’s deal was ‘the most brazen.’ The comment was made by Aisling Donohue, a partner at tax and business advisory firm MGPartners, reports Bloomberg.

The European Commission yesterday ordered the Irish government to recover €13B ($15B) in taxation from Apple after it was ruled to have offered the company illegal tax breaks. Apple is appealing the ruling.

Netflix says that it believes that the type of tax avoidance measures employed by Apple and other U.S. tech companies are ‘unsustainable’ …

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Ireland Stories May 27

AAPL: 100.35

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A solar array at one of Apple's existing data centers in North Carolina
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Update: Business Insider reports that the decision has been further delayed. The planning body An Bord Pleanála has said that it won’t be able to reach a decision now until 11th August as it needs more time to consider the impact of the infrastructure needed to support the data center.

Apple has responded to environmental objections to its planned $950M data center, arguing that the proposed development is necessary, would meet projected demand for the next 10-15 years, and would pose no risk to the local environment.

Although Apple was initially given the go-ahead for the center, construction had to be delayed when appeals against the decision were filed. The planning body, An Bord Pleanála, asked Apple to respond to five concerns, and Business Insider has now seen a transcript of the company’s oral response …

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Ireland Stories March 16

AAPL: 105.97

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Called before the European Parliament’s tax committee yesterday to explain its tax arrangements, Apple’s VP of European operations denied that the company received illegal state aid, reports Bloomberg.

“We feel that we’ve paid every cent of tax that is due in Ireland,” Cathy Kearney said at the European Parliament in Brussels. “We don’t feel that there has been state aid involved and I suppose we look forward to that outcome happening at the end of the day and being vindicated in that way. I would say that the Irish government also agrees with that view.”

Kearney also denied suggestions that the special tax deal with the Irish company was the reason it had chosen the country as its European HQ …

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Ireland Stories February 15

AAPL: 93.99

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Update: Galway Independent (via Business Insider) reports that a hearing date has now been set, for Tuesday 24th May. The venue has not yet been confirmed.

Apple’s plan to build one of the world’s largest data centers in Ireland hit a stumbling block earlier this month when local residents filed objections. The planning body, An Bord Pleanála, said that it would be pushing back its decision from February to May in order to consider those objections.

Business Insider reports that An Bord Pleanála has now written to Apple’s consulting engineers, asking them to address five concerns …

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Ireland Stories February 9

AAPL: 94.99

-0.02
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