Were these companies selected on the basis on employment numbers or revenue?
AFAIK Apple doesn’t have so many employees in Ireland that would generate enough revenue for a 13B tax bill. So they must have been booking offshore revenue via an Irish subsidiary.
When I buy software licenses here in India I’ve noticed that the billing almost always is in Ireland.
Dublin alone has more than 70,000 people employed in technology and IT companies take 40% of office space, placing it in the top three of EMEA Tech Cluster Rankings by CBRE and the number one location for digital companies. Ireland overall hosts 16 of the top 20 global tech companies and the top 3 enterprise software providers 106,000+ people are employed in the ICT industry.
430+ financial services companies operate in Ireland with 47,000+ people employed in the industry.
Seven of the ten of the world's top pharmaceutical companies including Janssen, AbbVie, Eli Lilly, Pfizer, Merck/MSD, Novartis, and Thermo Fisher Scientific call Cork home. In total there are now over thirty companies operating in the sector that employ over 10,000 people in Cork alone. 90+ pharmaceutical companies operate in Ireland. 45,000 people employed in IDA client companies
We have €116+ billion annual in pharma exports and are the third largest exporter of pharmaceuticals globally.
Ireland is home to 14 of the top 15 MedTech companies – with over 40,000 people employed in the sector
The country is a tax vessel, nothing more, remove the megacorps offices with barely any local businesses as well as the plane registrations and they drop right back somewhere bellow the average gdp per capita of europe.
Ireland economy is 85% services, compare that to Germany's 68%
Germany has the Rhine and is the centre of the continent, and also has the Marshall Plan boost post 1950 for their infrastructural development. Ireland is an Island whose population only hit pre-famine levels in the last 3 years.
Of course our economy is going to skew heavier service based! How are you going to ship cars and heavy industrial goods from Ireland to the rest of the EU and compete with Germany or France on shipping, raw materials etc..?
If you can't be intellectually honest and accept that Ireland would be a fraction of what it is without its tax evasion system idk what to say, there is literally not a single source that will tell you otherwise, even their own official reports mention that it is the case.
When 25% of your GDP comes for a single foreign company with 6000 employees in your country it's time to raise an eyebrow, especially when the facility's job is to assemble "made to order" computers (like the dude at the corner of my street).
> The "multinational tax schemes" used by some of these multinational firms contribute to a distortion in Ireland's economic statistics; including GNI, GNP and GDP
> A particularly dramatic growth in Ireland's 2015 GDP (from 1% in 2013, to 8% in 2014, to 25% in 2015) was shown to be largely driven by Apple restructuring their double Irish subsidiary
We don't use GDP because we're not a bloody Coal and Steel Union in the 1950s, we're a Service based economy in a Globalised marketplace.
We use Modified GNI (GNI*) - GNI minus the depreciation on Intellectual Property, depreciation on leased aircraft and the net factor income of redomiciled PLCs - which accounts for almost all of what you're citing bar some more egregious BEPS tools which are closed for years.
Yeah this is the way it works. The "pre-sales" of working out what you need is don e in whatever country you are in. Then at the last moment, when everything is prepared and the invoicing is ready, they transfer you to an Irish sales person who takes your payment.
AFAIK Apple doesn’t have so many employees in Ireland that would generate enough revenue for a 13B tax bill. So they must have been booking offshore revenue via an Irish subsidiary.
When I buy software licenses here in India I’ve noticed that the billing almost always is in Ireland.