Apple judgment not being raised by multinationals
The chief executive of the IDA has told a conference that multinational companies have not raised the Apple judgment with the State body.
Michael Lohan said that Ireland was "fully compliant" with tax guidelines agreed with the Organisation for Economic Cooperation and Development (OECD).
His comments follow a judgment by the European Court of Justice that Apple should pay Ireland €14 billion in back taxes following a protracted legal battle.
In the ruling, delivered on Tuesday, the ECJ set aside the judgment of the lower General Court, which previously overturned the Commission's decision.
That lower court's ruling overturned the commission’s 2016 original finding that Apple had underpaid taxes totalling €13.1bn due to Ireland between 2003 and 2014
Mr Lohan said the judgment related to historic issues.
He also told the Dublin Economics Workshop annual policy conference that the IDA was facing intense competition for investment projects.
Mr Lohan said he knew of some projects of worth hundreds of millions "which are being offered half of that back in a grant upfront" by some other countries lobbying for foreign direct investment.
"There are jurisdictions that have that freedom" but he said he was not advocating that Ireland offer similar grants.
Housing was the number one issue which was being raised by IDA client companies, Mr Lohan said.
He added "water and wastewater were critically important" infrastructure issues and a rail link to Dublin Airport would also be "welcome".
