Ireland rejects blame in Apple tax row
- 11 years ago
"Don't blame us" - that was the message from Ireland as the global tax avoidance row engulfed its highest profile company.
Apple has reportedly kept billions of dollars in profits in Irish subsidiaries in order to pay little or no taxes to any government.
It's entirely legal and, says Ireland's Deputy Prime Minister, not the fault of the Irish tax system.
(SOUNDBITE) (English) IRISH DEPUTY PRIME MINISTER, EAMON GILMORE, SAYING:
"There is an international dimension to this. It needs to be tackled by having robust international agreements and ireland is very much in favour of that."
Ireland's low corporation tax attracts many multi-nationals.
A US government report says Apple has three Irish subsidiaries with no "tax residency".
The main one includes all Apple retail stores in Europe.
The reports says it hasn't paid any corporate income tax in the last five years despite receiving almost $30 billion in dividends from offshore affiliates be
Apple has reportedly kept billions of dollars in profits in Irish subsidiaries in order to pay little or no taxes to any government.
It's entirely legal and, says Ireland's Deputy Prime Minister, not the fault of the Irish tax system.
(SOUNDBITE) (English) IRISH DEPUTY PRIME MINISTER, EAMON GILMORE, SAYING:
"There is an international dimension to this. It needs to be tackled by having robust international agreements and ireland is very much in favour of that."
Ireland's low corporation tax attracts many multi-nationals.
A US government report says Apple has three Irish subsidiaries with no "tax residency".
The main one includes all Apple retail stores in Europe.
The reports says it hasn't paid any corporate income tax in the last five years despite receiving almost $30 billion in dividends from offshore affiliates be