No, the EU checks if the tax systems are fair and held to certain standards.
In this case this special deal was only available to a select few companies.
They probably just screwed with the process and didn't get the deal in a generic enough format to be accepted by the EU.
This incompetence will cost dear to Ireland as the next big tech companies will go elsewhere to sell to Europe.
AFAIK Apple doesn’t have so many employees in Ireland that would generate enough revenue for a 13B tax bill. So they must have been booking offshore revenue via an Irish subsidiary.
When I buy software licenses here in India I’ve noticed that the billing almost always is in Ireland.
https://www.politico.eu/article/ireland-gdp-growth-multinati...
The country is a tax vessel, nothing more, remove the megacorps offices with barely any local businesses as well as the plane registrations and they drop right back somewhere bellow the average gdp per capita of europe.
Ireland economy is 85% services, compare that to Germany's 68%
Of course our economy is going to skew heavier service based! How are you going to ship cars and heavy industrial goods from Ireland to the rest of the EU and compete with Germany or France on shipping, raw materials etc..?
The tax vessel bit is just peak lol. Have a walk down the Silicon Docks at 9am on a weekday morning. https://en.wikipedia.org/wiki/Silicon_Docks
When 25% of your GDP comes for a single foreign company with 6000 employees in your country it's time to raise an eyebrow, especially when the facility's job is to assemble "made to order" computers (like the dude at the corner of my street).
> The "multinational tax schemes" used by some of these multinational firms contribute to a distortion in Ireland's economic statistics; including GNI, GNP and GDP
> A particularly dramatic growth in Ireland's 2015 GDP (from 1% in 2013, to 8% in 2014, to 25% in 2015) was shown to be largely driven by Apple restructuring their double Irish subsidiary
https://en.wikipedia.org/wiki/Apple%27s_EU_tax_dispute#
https://en.wikipedia.org/wiki/Economy_of_the_Republic_of_Ire...
We use Modified GNI (GNI*) - GNI minus the depreciation on Intellectual Property, depreciation on leased aircraft and the net factor income of redomiciled PLCs - which accounts for almost all of what you're citing bar some more egregious BEPS tools which are closed for years.
For someone regurgitating Wikipedia, you're avoiding the obvious article. https://en.wikipedia.org/wiki/Modified_gross_national_income
https://www.idaireland.com/explore-your-sector
Dublin alone has more than 70,000 people employed in technology and IT companies take 40% of office space, placing it in the top three of EMEA Tech Cluster Rankings by CBRE and the number one location for digital companies. Ireland overall hosts 16 of the top 20 global tech companies and the top 3 enterprise software providers 106,000+ people are employed in the ICT industry.
430+ financial services companies operate in Ireland with 47,000+ people employed in the industry.
Seven of the ten of the world's top pharmaceutical companies including Janssen, AbbVie, Eli Lilly, Pfizer, Merck/MSD, Novartis, and Thermo Fisher Scientific call Cork home. In total there are now over thirty companies operating in the sector that employ over 10,000 people in Cork alone. 90+ pharmaceutical companies operate in Ireland. 45,000 people employed in IDA client companies
We have €116+ billion annual in pharma exports and are the third largest exporter of pharmaceuticals globally.
Ireland is home to 14 of the top 15 MedTech companies – with over 40,000 people employed in the sector
And voila, the sales are all done in Ireland