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Sunday 20 September 2020
The Derry man has been a colossus at the back for Brighton this term.
However the search giant says it has since paid tax on the offshore profits in the US.
Paschal Donohoe has asked officials to look into the ‘Single Malt’ after a report indicated that it could become the new ‘Double Irish’.
This week we chatted with the head of US software company Nitro – and he didn’t hold back.
And it’s worried that could take a big bite out of its bottom line.
With the closing of the ‘Double Irish’ tax loophole, the government want to introduce a ‘Knowledge Development Box’.
This was the week in business.
But he says Ireland has been “caught in the crossfire” of sniping between the EU and US multinationals.
The European Commission president was happy to talk up his work luring multinationals when he was Luxembourg’s premier.
Pepsi, IKEA and Irish multinational Glanbia all took advantage of secret deals.
He has connections, and the IDA uses them.
If the richest three people spent $1 million every day, it would take 220 years to run out of money.
It’s all good, says the Jobs Minister.
He is also meeting over 17 companies in a hope to drum up some jobs in Ireland.
It made an estimated £371 million in revenue in the region in 2013.
This was the week in business.
AbbVie is rethinking its merger with Dublin-headquartered Shire after changes to tax “inversion” rules.
But Michael Noonan says Ireland’s low corporate tax rate “never was, never has been” up for discussion.
The U2 frontman says Ireland’s tax affairs with companies like Apple have brought “the only prosperity we’ve known”.
… and yes, it’s because of the Double Irish loophole.
The Taoiseach has been responding to criticism of Ireland’s tax regime by British Prime Minister David Cameron this week.
The British PM isn’t into the Double Irish
They say that Apple was given an advantage over competitors.
The Department of Finance says that Apple has been “taxed fully” in Ireland.
Michael Noonan happy with the recommendations, particularly the bit about the digital economy.
Good morning. Here are the nine stories you need to know today as we head towards the weekend.
Ireland cannot give with one hand to developing countries while facilitating tax avoidance at the same time, writes Morina O’Neill.
It’s all to do with a happy coincide of tax laws in Ireland, the Netherlands, the United States and Bermuda.
The party urged the Government to close the ‘Double Irish’ loophole which it said enables companies to pay less than 12.5 per cent tax.
Bloomberg says that US federal authorities have questioned the internet company about its overseas tax bills after it cut some $3.1bn from its US bill over three years.
NMA TV – a Taiwanese animation studio known for its tongue-in-cheek news reporting – goes all out on Ireland.
Tax loopholes mean the internet giant pays tax of just 2.4 per cent.
MORE THAN THREE-quarters of people would support the government looking into the prospect of a four-day work week, according to a new survey.
This means doing the same job for the same salary, but over four days rather than five.
There have been calls for this idea to be explored already and the Four Day Week Ireland campaign today released details on its public attitude survey conducted last month.
Two out of three respondents said a four-day work week is “realistic and achievable” in the medium term.
67% of employers said they support the idea and 46% said it would be “feasible” to trial in their workplace.
“The four-day week, with no loss of pay, offers the potential of a genuinely better future for workers and employers alike,” said Joe O’Connor, director of campaigning with Fórsa trade union.
What may once have seemed like a radical concept is now, for many, a reasonable and rational ambition. The Covid-19 pandemic has further disrupted societal and workplace norms, while illustrating the potential for very different models of work.
So today we’re asking: Would you support a four-day work week?
Poll Results:
Share your story: voices@thejournal.ie
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