Back in 2019, VMware formed part of the US-headquartered Dell global IT group. Its core speciality is the software used to run data centres and their cloud computing applications.  VMware was one of the earlier multinationals to shift from a double Irish corporate structure, where most of its international profits arose at a zero per cent tax rate in Bermuda, to a green jersey replacement where the rights to exploit intellectual property outside the US moved to its Irish subsidiary and non-American profits became taxable in Ireland. As detailed by The Currency at the time, VMware onshored those intellectual property…

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