Expo 2030 Riyadh registration dossier receives final BIE approval in Paris    Ministry of Hajj suspends 7 Umrah companies over transport violations    Al-Daqal Castle: A timeless sentinel in the mountains of Abha    Saudi Arabia participates in CERF advisory group meeting in Geneva    Riyadh ranks 23, up 60 places, among top 100 emerging startup ecosystems globally    Mobile Festival across Riyadh features Dar wa Emaar's annual Eid Al Adha celebration The mobile festival reinforces the company's commitment to building vibrant communities and enhancing quality of life beyond unit delivery.    Trump abruptly leaves G7 Summit as Israel-Iran conflict intensifies    Iran launches fresh missile attack on Israel as conflict enters fifth day    15 killed in worst Russian strikes on Kyiv in almost a year    Jeddah Astronomy reports solar flare triggering geomagnetic storm    California doctor to plead guilty to supplying Matthew Perry with ketamine    Culture Ministry to present second edition of 'Terhal' performance in Diriyah this August    Saudi Arabia beat Haiti 1-0 to open 2025 Gold Cup campaign    Smart applications transform visitor experience and accelerate digital transformation in Saudi tourism    Riyadh residents to receive alerts on nearby infrastructure work    Saudi Arabia miss World Cup spot after Australia defeat, head to Asian playoff    Al Hilal president: No new signings for Club World Cup due to inflated demands    New York Gallery showcases AlUla Heritage sketches by French architect Heim    Saudi Arabia face uphill task against Australia in World Cup qualifier    Cowboy Beyoncé dazzles nearly sold-out stadium    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    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.