Global technology giant Apple came under fire from the US senate this week, as it was accused of large scale tax avoidance
Chief executive Tim Cook appeared before a senate committee to defend his company’s tax practices, including a 2% corporation tax rate deal it struck with the Irish government on two of its subsidiaries.
Apple has a number of subsidiaries in Ireland, including financial services, distribution and manufacturing and has been there since the 1980s.
The report accuses Apple of avoiding tax on...
About Rachael Power
Your friendly, neighbourhood community editor.