How the IDA’s top client used Ireland to siphon billions offshore tax-free
Medical giant Abbott has deployed a complex network of offshore companies to legally shelter profits from tax officials.
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Medical giant Abbott has deployed a complex network of offshore companies to legally shelter profits from tax officials.
By far, the highest number of disclosed offshore matters is in the UK.
The Guardian reports that Bono used a company based in Malta to buy a Lithuanian shopping centre.
Stephen Donnelly has submitted a detailed proposal on how he thinks Ireland can shut down vulture fund tax avoidance.
Certain funds in operation here are seeing foreign property investors paying no tax on income. The value of property owned in these funds is in the region of €300 billion.
Jean-Claude Juncker has defended the decision after attacks from the US
The European Commision says Ireland would indeed have options.
Joseph Stiglitz said it was ‘utterly mystifying’ that the government didn’t just take the €13 billion awarded in the European Commission’s decision.
For the government, it’s all about appearances.
Some vulture funds are using a tax loophole to pay as little as €250 in tax in Ireland.
It is estimated that “aggressive corporate tax planning” leads to an annual loss of tax revenue to the EU of around €50 to €70 billion.
The company employed nearly 3,000 people across Ireland in 2014.
We’re looking at you, Bermuda.
And the tech giant could be slapped with fines worth €6 billion – if the case ever gets that far.
One British businessman withdrew enough cash to fill a suitcase.
The preliminary ruling is putting more pressure on European Commission chief Jean-Claude Juncker.
Several companies with domestic operations are tied up in the scandal.
Pressure is mounting on European Commission President Jean-Claude Juncker.
But he says Ireland has been “caught in the crossfire” of sniping between the EU and US multinationals.
So much for getting it easy because you’re the new guy.
It was claimed Ireland had given the company a special 2% tax rate over 30 years ago.
Pepsi, IKEA and Irish multinational Glanbia all took advantage of secret deals.
The British PM isn’t into the Double Irish
The Department of Finance says that Apple has been “taxed fully” in Ireland.
Corporate tax avoidance is bad for the global economy, paper reports.
Michael McGrath has said that the government must use “every means at its disposal” to defend Ireland’s corporate tax rules.
Meanwhile, the Taoiseach Enda Kenny has said that the Finance Minister is dealing with the issue of “statelessness”.
Ireland cannot give with one hand to developing countries while facilitating tax avoidance at the same time, writes Morina O’Neill.
The proposal is part of a wide range of measures planned by the EU to tackle tax evasion.
The Commons’ Public Accounts Committee is said to be skeptical about Google’s explanations of UK ad sales booked through Ireland.
A gathering of some of the world’s most powerful people is happening up the road in Northern Ireland today and tomorrow. But what’s it all about?
Safe to say we know what Sammy Wilson wants to see on the G8 agenda, then.
The Barcelona star is set to be investigated for allegedly defrauding the Spanish state.
The leaders of Catholics from 11 countries say corporations, like citizens, have a moral duty to pay their fair share.
Apple, which employs 4,000 people in Ireland, pays a tax rate of less than two per cent in Ireland.
Corporate giant Apple transferred 64 per cent of its income to Irish subsidiaries.
Tánaiste Eamon Gilmore claims Ireland’s tax system is “very transparent”.
The 46-year-old will now participate in a community return scheme.