Wednesday May 27, 2020

Apple’s tax woes leave Silicon Dock firms on edge

Companies that flocked to Dublin to take advantage of the low corporate tax rate face new uncertainty on tax

11th September, 2016
Tim Cook, chief executive of Apple, in San Francisco last Wednesday and right the new iPhone7 Picture: Getty

James Park flew into a storm as he arrived to open Fitbit’s new offices in Dublin recently, one day after Europe slapped Apple with a record tax demand in Ireland.

While young workers for the San Francisco-based maker of wearable fitness trackers chatted on treadmills nearby, Park swiftly dismissed any suggestion that the Apple case could derail his plan to double the size of Fitbit’s operation, located close to the banks of Dublin’s...

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