Health Ministry launches World Health Survey 2025 Survey to collect accurate health status database of Saudi population    Dr. Al-Rabeeah at UK House of Lords: Saudi Arabia provides $134 billion in aid to 172 countries in 30 years    Saudi Arabia receives first Hajj 2025 pilgrims from multiple countries    3rd phase of Vision 2030 to focus on sustaining transformation and capitalizing on emerging growth opportunities    Housing minister expects moderate real estate prices in Riyadh    Travel mayhem in Spain and Portugal as power outage grounds flights, paralyzes train networks    Saudi Arabia at ICJ: Israel turns Gaza Strip into a pile of rubble    SR200,000 reward for each player of the Saudi club winning AFC Champions League title    William and Kate celebrate anniversary on Isle of Mull    Hope and fear as tourists trickle back to Kashmir town after attack    Israel spy chief to step down after row with Netanyahu exposes deepening rifts    Localization in Saudi military industries rises to 19.35%    Logistics park for vehicles worth SR300 million to be set up at Dammam port    HONOR KSA expands its presence with new flagship Experience Store in Riyadh HONOR's first flagship store in KSA provides visitors with a premium experience, exciting offers and free services    Al-Falih: Eastern Province hosts 700 investment opportunities worth SR330 billion    Rock & Roll Hall of Fame picks Outkast but not Oasis    Al Ahli cruise past Buriram into AFC Champions League Elite semi-finals    Duran leads Al Nassr past Yokohama Marinos into AFC Champions League Elite semi-finals    Saudi orchestra to perform at Sydney Opera House in May    Al Hilal thrash Gwangju to reach AFC Champions League Elite semi-finals    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Apple confident ahead of European Union tax judgement
Published in The Saudi Gazette on 13 - 11 - 2015

Apple chief executive Tim Cook said he was feeling "pretty good" ahead of the European Union's judgement on its Irish tax arrangements, as the company announced 1,000 new jobs in Ireland on Wednesday.
Ireland's tax arrangements with the US tech giant are under investigation by the EU to see if there was a deal to secure jobs that amounts to illegal state aid, and a judgement is expected soon.
"I can't say I know for sure what they'll come back with," Cook said from Apple's European headquarters in Ireland's second city, Cork, where he announced the extra jobs would be in place by mid-2017.
"I believe strongly that Ireland will be found that there was nothing wrong done and therefore Apple by connection," he told national broadcaster RTE in an interview broadcast Wednesday night.
"If there's an adverse ruling, Ireland is going to appeal and we're going to support them because there was no special deal, there was no special arrangement."
Apple has had a base at the southern city of Cork since 1980 and employs 5,000 people in Ireland. Cook announced earlier on Wednesday that the figure would increase to 6,000 over the next 18 months.
"That's almost a quarter of our European workforce and we're continuing to expand our facility there as well, which is our largest in Europe," Cook said in a lecture earlier Wednesday at Trinity College Dublin university.
Irish Prime Minister Enda Kenny, said the jobs plan was a sign of Ireland's economic recovery broadening and called it "a very welcome boost of confidence".
Apple was one of the first global tech firms to set up in Ireland and has been followed by many top names such as Twitter, Microsoft and Google, earning the country the moniker "Europe's Silicon Valley".
Many US companies looking for a European base are drawn by Ireland's English-speaking skilled workforce and its highly competitive tax rates, which have drawn controversy.
Cook said the European headquarters was "our most diverse offices on the planet, operationally and culturally".
"In our offices in Cork you are as likely to hear a French accent or a German or an Italian accent as you are to hear an accent from County Cork," he said.
Apple will be expanding its campus to accomodate the new employees. It has invested nearly 130 million euros ($140 million) in the site since 2012.
Beyond its employees, the IDA Ireland foreign direct investment agency estimates that Apple supports a further 13,000 jobs in the republic.
Apple also announced it was partnering with the Sustainable Energy Authority of Ireland to support research in offshore energy technology.
The EU's investigation into the company's tax deal with Ireland is one of several probes launched last year after the "Luxleaks" scandal broke over Amazon's sweetheart tax deals with Luxembourg.
On Wednesday, online retailer Amazon, search engine giant Google and social network Facebook all said they will testify at the European Parliament next week on the issue of tax breaks for big businesses.
Last month Brussels ordered Starbucks and Fiat to each repay up to 30 million euros ($34 million) in back taxes for deals they had with the Netherlands and Luxembourg.
Tax deals between EU member states and companies are not in themselves illegal and the firms involved insist they fully comply with the tax laws where they operate.
But they have run afoul of the European Commission's tough rules on state aid, which are designed to ensure fair competition.
It argues that the deals unfairly benefit bigger companies at the expense of smaller, often less influential rivals.


Clic here to read the story from its source.