“Apple’s chief financial officer Luca Maestri said on Tuesday the iPhone maker’s investment plans in Ireland have not changed in the wake of the EU ruling that it must pay up to €13 billion in unpaid taxes to the Republic,” Joe Brennan reports for The Irish Times. “‘We have an outstanding relationship over the years with the Irish government and we are very committed to Ireland,’ Mr Maestri said on a conference call with journalists. ‘We have recently made additional investments in the country and our plans to invest in Ireland have not changed.'”

Brennan reports, “Apple, which set up a base in Ireland in 1980, said in November that it plans to add a further 1,000 jobs in its base in Cork by the middle of 2017, bringing its Irish workforce up to 6,000.”

“While accountancy firm Grant Thornton estimates that Apple faces an additional interest bill of €6 billion as Ireland is forced to recover back taxes from the company between 2003 and 2014,” Brennan reports, :Mr Maestri said ‘we believe it is going to be a significantly lower number.'”

Read more in the full article here.

MacDailyNews Take:

Newsflash: Corporations don’t pay taxes, you do. “Corporate taxes” are simply passed along to the consumer. It’s how the government sneakily double-taxes its citizens. You’re taxed on your income and then again on what’s left via higher prices across the board.MacDailyNews Take, December 4, 2015

There was no special deal that we cut with Ireland. We simply followed the laws in the country over the 35 years that we have been in Ireland. If the question is, was there ever a ‘quid pro quo’ that we were trying to strike with the Irish government – that was never the case.Apple CFO Luca Maestri, September 2014

SEE ALSO:
Apple CEO Cook blasts European Commission for ‘ignoring Ireland’s tax laws, upending the international tax system’ – August 30, 2016
European Commission to rule Ireland’s tax arrangement with Apple illegal – August 29, 2016
Ireland prepares for a fight with EU over Apple tax clawback – August 29, 2016
U.S. government warns EU: Do not hit Apple with a massive back tax bill – or else – August 25, 2016
European Commission denies anti-U.S. bias after U.S. Treasury intervention over Apple, Amazon tax probes – August 25, 2016