Apple's Sculley: Ireland will have appeal even without the double-Irish

Apple's Sculley: Ireland will have appeal even without the double-Irish

Apple's former CEO has rowed back on comments questioning Ireland's ability to attract investment without the double-Irish tax loophole.

John Sculley previously said he believed removing the measure - used by companies such as Google and Apple to cut their tax bills - would see Ireland "lose its edge".

However, he now says he believes the Government will convince investors to stick with Ireland and will introduce new corporate tax regimes.

Speaking ahead of the final day of the Web Summit, John Sculley said: "Part of the attraction of coming to Ireland wasn't just the tax holiday - which obviously is a big incentive - but it was also the incredible cooperation we got.

"I think Ireland will still have some appeal. Hopefully there will be some tax advantages (too)."

More in this Section

EOn to cut between 500 and 600 jobs in UKEOn to cut between 500 and 600 jobs in UK

How does the Pixel 4 compare to the iPhone 11 and Samsung Galaxy S10?How does the Pixel 4 compare to the iPhone 11 and Samsung Galaxy S10?

Transport and Brexit top worry listTransport and Brexit top worry list

Limerick waste-to-energy firm sues heat exchange system supplierLimerick waste-to-energy firm sues heat exchange system supplier


Lifestyle

I am dating a lovely guy. However, he seems really awkward about being naked in front of me.Sex File: Boyfriend keeps his T-shirt on during sex

To instantly power up your look, veer towards the hard shoulder.Bold shoulder: How to instantly power up your look

Plums are a wonderful autumn fruit, useful for all sorts of recipes both sweet and savoury. In Ireland we are blessed with wonderfully sweet plums.Currabinny Cooks: Juicy plums work for both sweet and savoury dishes

The rise of home skincare devices doesn't mean that salons and clinics no longer serve a purpose.The Skin Nerd: Don’t try this at home — new treatments in the salon

More From The Irish Examiner