We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

Tim Cook during a promotional event in China AP Photo/Alexander F. Yuan

Taoiseach dismisses claims he makes specific deals with multinational companies

The Apple CEO, Tim Cook, was in Cork today addressing staff at its Hollyhill plant this morning before meeting Kenny.

Updated: 16:34

THE TAOISEACH dismissed claims the government makes specific deals with Apple or any other multinational companies with regards to its corporation tax rate.

Discussing his meeting with Apple CEO Tim Cook earlier today, Enda Kenny said that Ireland is “participating fully” in EU discussions about its corporate tax rate, and mentioned the issue to him during their meeting. He said that the country has a legally-based statutory rate of 12.5 per cent that applies to all companies.

I pointed out to Cook that Ireland, as a member of the [European] Union, is participating in the OECD discussions that are taking place now about an international response in terms of clarity about the tax position. There are fifteen different sectors involving that and Ireland is participating in them all.

Kenny didn’t say if it was himself or Cook who brought the subject up, but said that the Apple CEO was “exceptionally happy” with the work the Cork office has done.

When asked whether this would mean further investment from the company, Kenny said that it was a matter for Apple to decide, but said that for now, the company is “very happy with the results from Cork and they want that to continue.”

Cook addressed staff in the company’s Cork office this morning before he met the Taoiseach. Kenny had a tour of the plant first before meeting with Cook to discuss Apple’s presence here.

The Hollyhill plant employs more than 4,000 people in the office, and was Apple’s first office outside of the US. It’s the assembly point for the MacBook Pro laptop and was previously responsible for Apple’s original iMac machine.

Apple recorded another successful quarter after it announced it made a $13.1 billion profit earlier this week. The company sold 51 million iPhones and 26 million iPads during this period.

The Taoiseach also attended a jobs announcement in Mahon earlier this afternoon, where two Cork  companies announced the creation of 200 new jobs over the next few years.

Originally published 11:17am

Read: Here’s how many iPhones Apple sold to make $13.1bn profit >

Read: Apple to refund parents of children who bought Apps without them knowing >

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Your Voice
Readers Comments
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.