Californian Governor jokes about Irish tax rateSaturday 07 June 2014 23.39
The Governor of California has said that if California could have Ireland's "tax rate", it would "become an independent country".
He was speaking at an Enterprise Ireland event at the end of Taoiseach Enda Kenny's trip to Silicon Valley and San Francisco.
Governor Jerry Brown said he did not know how Ireland had managed to get Apple to have "so much of its business in Ireland".
He joked that he always thought Apple "was a California company", but said that if you looked at their tax returns, "they're really an Irish company".
The gathered crowd of about 300 people laughed loudly.
He said it was "creative accounting" and added: "I won't go there" - to which there was more laughter..
The EU Commission is currently considering whether to launch a formal investigation into how Ireland, and other EU countries including the Netherlands, use tax breaks to attract foreign direct investment.
Earlier this week, Mr Kenny said he believed Ireland's tax legislation was "robust" and that the application of it was "ethical".
He said the issue of the tax regime had come up "in a general way" when he met senior executives at Apple.
Governor Brown's comments last night came after Mr Kenny had addressed the crowd, pledging to make Ireland "the greatest small nation on the earth".
He said it was his intention to continue to "move up the competitiveness league", saying that the young people of Ireland had "flowering minds, ingenuity, creativity, inspiration and ability".
He said Dublin had become a "magnetic attraction" for young people from all over the world, "with so many languages and so many different skills".
He said the young people were "changing the frontiers up ahead just as the innovators of Silicon Valley have changed and are changing the frontiers every day, every week, every month".
He concluded by saying: "If you want to do business with Ireland, we will not let you down".
The Taoiseach and the Governor were speaking at a special event featuring 12 start-up entrepreneurs from Ireland who had the opportunity to pitch their businesses to investors and mentors.
Mr Kenny has now concluded a three-day trip to Silicon Valley and San Francisco.
Four hundred new jobs for Ireland were announced during the trip, which were created by Workday, Yelp and HP.
Mr Kenny also met senior management at Google, Facebook, LinkedIn, Ebay, AirBnB, Tesla, Cisco, PCH International and HP, as well as some other private meetings.