The first thing to say is that Ireland gave a sweetheart tax deal to Apple. That much is incontrovertible. The weight of evidence unravelled and presented by the European Commission is too strong. In fact, to be precise, Ireland gave two tax deals to Apple. The first deal came in 1990/1991 and was offered in a bid to retain multinational investment following the abolition of the export sales relief system which exposed corporate profits to a new 10 per cent tax rate. At the time Ireland was a busted flush, and Apple was struggling. The deal made sense to both…
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