By Padraic Halpin and Conor Humphries DUBLIN (Reuters) - Ireland is preparing to officially reject accusations by U.S. Senators this week that it acts as a tax haven for large multinationals and launch a diplomatic offensive to repair the damage done to its reputation abroad. Ireland has been forced to defend its low corporate tax rate after the Senate said last week that iPhone and iPad maker Apple paid little or no tax on tens of billions of dollars in profits channeled through Irish subsidiaries and that it had effectively negotiated a special corporate tax rate of less than 2 percent. ...
via Gadgets News Headlines - Yahoo! News http://news.yahoo.com/ireland-readies-diplomatic-corps-rebuff-tax-haven-claims-151058399.html
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