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Full coverage: Multinationals

Tech will continue to create jobs in Ireland, especially for lawyers: Rewinding the week that was

The meteoric growth of OpenAI’s Dublin office shows that multinationals are still very happy to come to Ireland to do business, pay (less) tax, and face regulators.

Thomas Hubert
28th Jan, 2024 - 4 min read

As ChatGPT prepares to talk to Europe out of Dublin, OpenAI is lining up big Irish plans

Workers laid off by other US multinationals and senior tech figures are flocking to artificial intelligence’s rising star as it builds its Irish office to grow sales and face EU regulation. It already employs over 50 in an office on St Stephen's Green.

Thomas Hubert
24th Jan, 2024 - 6 min read

“They will see the global stage as theirs”: Gary O’Sullivan on bridging the gap between Irish and global industry

Gary O'Sullivan has worked in multinationals, advised them as a consultant, and then founded one when his firm Pathfinder was bought by the European giant Sia Partners. Now managing partner of Sia's UK and Ireland division, he knows what it takes for companies to break into the top tier.

Sean Keyes
12th Jan, 2024 - 6 min read

Microsoft saves the day: How “windfall” tax receipts kept flowing in until the end of 2023

A strong showing by the US software multinational in December helped maintain annual growth in corporation tax receipts.

Thomas Hubert
4th Jan, 2024 - 3 min read

Why plans for a $1.25bn SPAC deal in New York ended up in a Dublin liquidation

Stock market investors agreed to back W3bcloud's plans to build a multinational data centre operator for blockchain and crypto technologies. Instead, the Irish companies due to handle its profits are facing insolvency.

Thomas Hubert
4th Jan, 2024 - 4 min read

How Salesforce’s multi-billion-dollar Dublin office boosted performance before cutting jobs last year

The IT multinational’s Irish operation bucked the global downturn as Carolan Lennon took the helm. And it grew its tax advantage even further.

Thomas Hubert
2nd Jan, 2024 - 2 min read

IBM’s downsizing Irish office frees up €4.5bn for distribution

The IT multinational may be selling its Dublin campus, but it still has plenty of accumulated profits in Ireland to send back to headquarters.

Thomas Hubert
18th Dec, 2023 - 2 min read

Monster money: A Cayman Islands PO Box holding company has invested €1bn in its Irish subsidiary

Monster energy might not have the scale of an Apple or a Pfizer in Ireland, but it has a significant operation here nonetheless. And, based on new filings, it could get bigger still.

I. Kehoe and T. Hubert
15th Dec, 2023 - 2 min read

Green jersey with a drop of malt: The growing team tasked with handling “Riot tax”

US-headquartered, Chinese-owned Riot Games is hiring to beef up its third global tax team in Dublin, where intellectual property has turned its office into a billion-euro business.

Thomas Hubert
14th Dec, 2023 - 3 min read

Airbnb Ireland settles Italian tax row for €576m

Italy has been leading the charge to force the platform to collect tax at source on hosts’ income. Airbnb’s Dublin office is paying up.

Thomas Hubert
13th Dec, 2023 - 2 min read
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