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Apple denies US tax charges

Apple's chief executive Tim Cook has told a US Senate committee it pays all the tax it is required to. The firm was accused of being "among America's largest tax avoiders" by the committee. Apple said it will pay more than $7bn in US tax this year.

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Ireland denies operating as Apple's 'tax haven'

Irish deputy prime minister Eamon Gilmore Credit: Press Association.

The Irish government have denied the country operated as a "tax haven" for global technology giant Apple. Ireland's deputy prime minister Eamon Gilmore told national broadcaster RTE:

"They are issues that arise from the taxation systems in other jurisdictions, and that is an issue that has to be addressed first of all in those jurisdictions."

His comments come after the US Congress released a 40-page document cataloguing possible reasons the group paid just 1.9% tax on its $37 billion overseas profits in 2012.

The report said: "Ireland has essentially functioned as a tax haven for Apple."

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