The uproar over Apple, Inc.’s avoidance of billions in U.S. taxes through an ingenious offshore shell game has created a public relations nightmare for the Republic of Ireland, home to more than a thousand multinational corporations and hungry for more. They’re an economic lifeline here, and the Irish government has been circling its wagons to insist that there has been no skullduggery in le affaire Apple as the country is taking a barracking in the global press and being branded on the front page of today’s Sunday Times (U.K.) as the “third biggest U.S. tax haven.” Implication: Angola, or Bermuda or Cuba next bed.
↧