Full coverage: Multinationals

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

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.

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.

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.

The social media giant re-invested half of the profits distributed by its Dublin advertising business last year. Ireland itself is the main destination of this splurge on cloud infrastructure.

Using a green Bermuda corporate structure, the US group’s lucrative EMC cloud division is continuing to shift $8.6 billion and counting in profits from sales booked in Cork to the zero-tax Caribbean jurisdiction.

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”.

Ireland’s largest nursing homes group suffered from the scandal that nearly broke its French multinational parent last year, but a bail-out agreed in Paris is beginning to trickle down into this country.

The short term woes of pharma companies mask a sector that is performing well, and performing well for Ireland.

The advocate general’s opinion shows that the EU court will either conclude that Ireland never did anything wrong in the old double Irish days, or vindicate its shift towards the even more lucrative green jersey scheme.