Apple CEO denies tax 'deal' with Irish State
THE head of Apple has said the company does not have a special deal with Ireland on how much tax it pays here.
A US Senate report alleged last week that Apple had "quietly negotiated" an income tax rate of less than 2pc.
At the time, chief executive Tim Cook said Apple had been given a "tax-incentive agreement" by the Irish Government to set up here in 1980.
However, speaking at an event in California yesterday, Mr Cook said: "Some people think we have a special deal with the Irish Government that gives us a 2pc flat tax rate.
"We have no special deal that gives us a 2pc flat tax rate."
However, the US senator leading the investigation into Apple's tax affairs said he stood by the accusation.
"The report was based in part on what Apple told the sub-committee. It makes it very clear there was an agreement between Apple and the Irish Government," a spokesman for Senator Carl Levin told the Irish Independent.
The Government said it would contact the senator more than a week ago, after he had accused Ireland of being a "tax haven". However, the senator has yet to receive any communication from the State here.
Comment: P34 Business: Supplement P1