Impacts: Ireland Flashcards
Overview
Based in Hollyhill Campus
Apple was lured to locate in 1980 at a time of high unemployment and generally impact has been positive
Positives
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
Negatives
Many of the higher skilled workers are foreign nationals
Apple is criticised for not creating sufficient work for local people
Tax practices
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