Sunday 20 August 2017

Kenny defends corporation tax as Russian cybersecurity firm Kaspersky opens in Dublin

An Taoiseach, Enda Kenny and Founder & CEO Eugene Kaspersky. PIC: maxwellphotography.ie
An Taoiseach, Enda Kenny and Founder & CEO Eugene Kaspersky. PIC: maxwellphotography.ie
Michael Cogley

Michael Cogley

Taoiseach Enda Kenny has declared the European Commission’s ruling on Apple’s tax practices in Ireland as without basis and reiterated his intention to defend the country’s reputation.

Last week the tech giant was ordered to repay €13bn in back tax to the Irish state by the Commission, however both the Government and Apple will appeal the decision.

“Ireland will continue to strongly defend our competitive corporate tax regime, which is statute fixed.

“It supplies fairness and equality across the board for all companies. Accusations to the contrary are misinformed and will be vigorously contested,” he said.

The Taoiseach was speaking at the opening of Russian cybersecurity firm Kaspersky’s first European research and development lab.

The new lab represents a $5m investment from Kaspersky, which is looking to add 50 staff here over the next three years.

The new roles will be across the areas of data analysis and machine learning technologies. Earlier in the year the firm appointed UCD graduate Keith Waters as its head of engineering to lead the Irish operation.

Kaspersky chief technology officer Nikita Shvetsov said Dublin was an “obvious choice”.

“Owing to the quality and density of tech talent there, and of course, the city’s vibrant and appealing living conditions.

“Locating the office in Dublin is a great opportunity for us to increase our collaboration with other international IT companies, especially as the city is becoming known as the Silicon Valley of Europe, the firm’s CTO said.

Kaspersky, which was set up back in 1997, now protects 400 million users as well as 270,000 corporate clients.

IDA chief executive Martin Shanahan said Ireland has become a leading location for fighting cybercrime.

“The top five worldwide security software companies in this sector now based here. The collaboration culture that exists here between industry leaders and research centres is enabling Ireland to develop as a world class cybersecurity practice and innovation hub,” he said.

The Irish expansion is part of the firm’s global growth where it intends to add around 400 additional roles worldwide, the vast majority of which are based in research and development.

Online Editors

Also in Business