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Full coverage: Multinationals

Ireland’s position in a bonkers corporate tax world: Rewinding the week that was

The Department of Finance described much of the latest bumper corporation tax revenue as a once-off windfall. Yet every indication is that aggressive tax planning through Ireland is set to continue.

Ian Kehoe
11th Dec, 2022 - 4 min read

Doubling down on the double malt: Abbott routes more profits through 4% tax shelter

When demand for rapid medical tests exploded during the pandemic, the US pharma giant routed this business through Ireland and Malta to achieve a four per cent tax rate. This expanded into a multi-billion-euro business last year.

Thomas Hubert
6th Dec, 2022 - 6 min read

Hiring, firing and taxpaying: One year at Meta and Google in Ireland

New information from multiple subsidiaries of the two digital advertising giants in Ireland reveal how they operate in the post-double Irish world and how ready they are to take on the industry slump.

Thomas Hubert
2nd Dec, 2022 - 7 min read

Uber wants to seize on Ireland’s “outlier” taxi problem

The ride-hailing giant’s Ireland general manager Kieran Harte speaks to The Currency about the country’s taxi shortage and its pitch to government for easing the licensing regime.

Jonathan Keane
1st Dec, 2022 - 5 min read

Multinationals ebb and flow. Does Ireland want to become the South Korea or the Nigeria of the next technologies?

Constant hiring by technology firms has just turned into a wave of job cuts. Stephen Kinsella and Thomas Hubert discuss what this means for Ireland – and what the country should do about it.

Ian Kehoe
30th Nov, 2022 - 4 min read

Pinterest’s Irish presence: From chasing audience growth to generating profit

The US-based visual social and marketing platform hopes to ride out the current tech slump and grow its international business further out of Dublin – despite a major tax setback revealed last year.

Thomas Hubert
24th Nov, 2022 - 4 min read

Wages and reorganisation: Nine graphs that tell the story of Indeed in Ireland

The online recruitment firm Indeed recently relocated more of its business to Ireland. So, how big an impact has the reorganisation had on its Irish performance? How much money flows through its Dublin offices? And how much are the 1,242 employees at its main Irish company paid?

I. Kehoe and T. Hubert
23rd Nov, 2022 - 3 min read

Big Tech, small country – and not a time to play Chicken Little

The wave of layoffs at technology multinationals is not over. We have been there before and we can learn lessons from the past with policies that limit public finances' reliance on foreign investment and support workers and domestic companies to make the most of the predictable cycle ahead.

Stephen Kinsella
10th Nov, 2022 - 7 min read

Jobs, contractors, tax, property: The risk behind Meta cutbacks

The parent of Facebook, Instagram and WhatsApp is the largest yet of technology multinationals to prepare for redundancies in Ireland, illustrating how exposed the Irish economy is to the sector.

Thomas Hubert
8th Nov, 2022 - 5 min read

Alexion’s Irish IP centre dwarfs its expanding factories by billions of dollars – and it has erased its tax bill

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.

Thomas Hubert
17th Oct, 2022 - 3 min read
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