In recent months, most technology multinationals with a presence in Ireland have published detailed accounts for 2018 on behalf of their subsidiaries registered here. In many cases, it was a good year: revenues and profits were up, even for units that had nothing to do with the massive movements of intangible assets observed in recent years. One particular line, however, keeps jumping and jumping on a scale that dwarfs any measure of real business activity – that of dividends paid by holding entities sitting at the top of Irish-based structures to their parents overseas. The Currency analysed the accounts filed…
Cancel at any time. Are you already a member? Log in here.
Want to read the full story?
Unlock this article – and everything else on The Currency – with an annual membership and receive a free Samsonite Upscape suitcase, retailing at €235, delivered to your door.