Apple has announced that it will relocate its iTunes businesses from Luxembourg to Cork, Ireland on February 5th.
As of February 5, 2017, Apple Distribution International will relocate the iTunes, Apple Music, App Store and iBooks Store businesses from Luxembourg to Cork, Ireland. The Luxembourg Branch of Apple Distribution International will cease it operations on February 4th.
Apple has been operating in Ireland since 1980 and now employs nearly 6,000 people. As we continue to expand our operations in Cork, we are moving our iTunes business there and will support content stores and services for more than 100 countries from our campus at Hollyhill.
Recently, the EU ruled that Ireland granted illegal tax benefits to Apple and ordered it to recover up to €13 billion from the company, plus interest. Both Ireland and Apple are fighting the ruling. Apple CEO Tim Cook says that European Commission is ignoring Ireland's tax laws and upending the international tax system in the process. "It is effectively proposing to replace Irish tax laws with a view of what the Commission thinks the law should have been."
Despite the ruling, Apple isn't backing away from its presence in Ireland and even has plans for a €850m data center.
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As of February 5, 2017, Apple Distribution International will relocate the iTunes, Apple Music, App Store and iBooks Store businesses from Luxembourg to Cork, Ireland. The Luxembourg Branch of Apple Distribution International will cease it operations on February 4th.
Apple has been operating in Ireland since 1980 and now employs nearly 6,000 people. As we continue to expand our operations in Cork, we are moving our iTunes business there and will support content stores and services for more than 100 countries from our campus at Hollyhill.
Recently, the EU ruled that Ireland granted illegal tax benefits to Apple and ordered it to recover up to €13 billion from the company, plus interest. Both Ireland and Apple are fighting the ruling. Apple CEO Tim Cook says that European Commission is ignoring Ireland's tax laws and upending the international tax system in the process. "It is effectively proposing to replace Irish tax laws with a view of what the Commission thinks the law should have been."
Despite the ruling, Apple isn't backing away from its presence in Ireland and even has plans for a €850m data center.
Please follow iClarified on Twitter, Facebook, or RSS for updates.