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  Apple offers 1,000 new jobs in Ireland

Apple offers 1,000 new jobs in Ireland

REUTERS
Published : Nov 13, 2015, 6:19 am IST
Updated : Nov 13, 2015, 6:19 am IST

Apple’s chief executive said a looming European Union tax ruling on its dealings with Ireland would not affect its presence in the country where it declares much of its overseas profit and where it a

Apple’s chief executive said a looming European Union tax ruling on its dealings with Ireland would not affect its presence in the country where it declares much of its overseas profit and where it added 1,000 new jobs on Wednesday.

The EU last year accused Ireland of swerving international tax rules by letting Apple shelter profits worth tens of billions of dollars from revenue collectors in return for maintaining jobs.

A decision on whether the tax deal with Apple constituted unfair state aid is due after Christmas, finance minister Michael Noonan told journalists on Wednesday. It could force Apple to pay substantial back taxes.

“You can tell by our announcement today, we’re all in,” chief executive Tim Cook told Irish national broadcaster RTE in an interview when asked if it would scale back its Irish operations if EU regulators ruled against it.

“If there is an adverse ruling, we’re going to appeal, Ireland is going to appeal and we’re going to support them because there was no special deal, no special arrangement.”

“I can’t say for sure what they’ll come back with but what I do know for sure is if the evidence is viewed on a fair basis, I believe strongly that it will be found that there is nothing wrong done.”

Apple will add the 1,000 jobs by mid-2017, meaning that at 6,000 workers, about a quarter of its European-based staff will work in Ireland’s second city of Cork.

Location: Ireland, Leinster, Dublin