Lets see who was in power in 1991…
Oh, it was Charles Haughey. Enough said?
The Apple deal in 1991 came about because it had a manufacturing plant in Cork and the Apple of the time was a traditional computer company that had yet to been restructured as a pure law breaking, tax evasion corporation. That happened after Jobs stabbed Amelio in the back and fired everyone who was not a yesman or cult member. MS was the pure law breaking tech company back then. The Apple of the time did engage in some interesting tax maneuvers. I’m thinking of the very expensive CPU’s in suitcases stories. Plus odd things happened in Singapore. But on the whole it was just another computer hardware company with healthy margins, especially on peripherals. Nothing too creative on the tax front.
Jobs (like Gates) was a criminal psychopath, he believed that laws never applied to him, so Apple was restructured in his image. Thats all you need to know about Apple and how it has operated over the last 20 years. My guess is that the '91 deal was not really used as a major conduit for world income until the 2000’s when Apple became a consumer electronics company with unfeasibly large net margins.
There was nothing unusual about the Revenue deal. It happened all the time. If you were a company / entity with high net income and who could relocate your income destination at little cost or disruption then you would get to see the warm cuddly side of Revenue. Where a bunch of the (very) senior guys would turn up to the meeting and would open with “Now what can we do for you? How can we be of help?..” with their most winning smiles.
I’m definitely reaching for the pop corn on this one. With a bit of luck we night even get a RICO out of it. Now that would be fun. Maybe someday the name Jobs will be bracketed with Maxwell as examples of the utterly nasty face of capitalism.