EasyGroup claims the Swords-based vehicle rental firm ER Travel has breached its world-renowned family of brands including easyHotel.com, easyCar, easyFood, and easyCleaning.
Alphabet group companies in Dublin have paid nearly €10bn in dividends to their US parents in the past two years. Much like the hiring spree that preceded them, they were part of “a different economic reality”.
Why is the energy drinks global giant expanding its Co Kildare factory at a time of high inflation and rising corporation tax rates? The answer lies in the fine print governing tax deductibles.
For years, the double Irish scheme siphoned multinationals’ profits to offshore islands. Now their intellectual property makes half of all corporate profits in Ireland tax-deductible. Ahead of the budget, new data and analysis reveal what drives the corporation tax bonanza.
Moderna claims its patented mRNA innovations have been breached by Pfizer, the US pharma giant with a big footstep in Ireland. It is one of several patent infringement suits lodged by the US biotechnology firm.
Vertiv, the US electrical technology group, acquired E&I Engineering for $1.8 billion in 2021. More than half of this value was for intangible assets, which the group can now amortise against taxable profits.
The Irish subsidiary of Novartis, the global pharma giant, has initiated legal proceedings against Accord Healthcare, the generic drugmaker.
The global pharma company targeting rare diseases was acquired for $39 billion by AstraZeneca last year. Half of this value consisted in intellectual property located in Dublin, new documents show.
Waterwipes is the number one baby wipe sold on Amazon in the US and Europe, but the Louth-based company behind the brand has found itself in a bit of a mess as decisions go against it in Europe and Britain.
Like so many technology multinationals, Airbnb ran intellectual property through US and Irish loopholes to minimise its tax bills over the past decade. After failing to convince the IRS its figures were right, the firm is prepared to go to court.
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