Impacts: Ireland Flashcards

1
Q

Overview

A

Based in Hollyhill Campus

Apple was lured to locate in 1980 at a time of high unemployment and generally impact has been positive

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1
Q

Positives

A

employs 6,000 workers

enhanced Ireland’s reputation and global connectivity

generated 3,000 jobs for workers employed in ancillary work

attracted other high tech firms to the areas

Company has expanded and contacted to infrastructural improvements in city

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2
Q

Negatives

A

Many of the higher skilled workers are foreign nationals

Apple is criticised for not creating sufficient work for local people

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3
Q

Tax practices

A

Apple uses subsidiary firms in other countries to declare profits and pay a lower rate of tax

Was concluded that Apple had received illegal state aid from Ireland and ordered them to pay $13 billion in unpaid taxes

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