Just as representatives of the EU’s 27 countries agreed on the implementation of a global 15 per cent minimum corporation tax rate this week, new company information from Irish subsidiaries of the IT multinational Dell showed that most of them were technically loss-making last year, together generating more tax credits than charges. The financial year ended on January 28, 2022 was a good one for Dell. At the global level, accounts reported to the New York Stock Exchange show the group grew revenue by nearly 17 per cent to top $100 billion, and more than doubled its pre-tax profit to…

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