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Full coverage: Multinationals

Record corporation tax take in May sets the tone for the rest of the year

In a month when only two multinationals pay significant tax bills, the surge in their contributions accounted for the entire Exchequer surplus recorded so far this year. The budget is only around the corner.

Thomas Hubert
7th Jun, 2024 - 3 min read

Windfalls and wind farms: Microsoft’s ever-deeper Irish presence

There were the billions of euros in corporation tax and the thousands of jobs. Now the US multinational is reporting hundreds of millions of euros’ worth of renewable energy contracts.

Thomas Hubert
14th May, 2024 - 5 min read

How some Irish businesses become exceptions to the dual-economy rule: Rewinding the week that was

Deals announced by Winthrop and Strong Roots on Thursday built a bridge between indigenous businesses struggling in the face of rising costs and the world of high-flying multinationals.

Thomas Hubert
14th Apr, 2024 - 4 min read

Project Jameson and the “used-for test”: How Medtronic overturned a €45.9m tax bill

The medical products multinational Covidien used to be headquartered in Ireland but rented key corporate services from a US subsidiary before selling itself to Medtronic. The High Court has just decided the Vat implications of those transactions.

Thomas Hubert
12th Apr, 2024 - 5 min read

Temporary March drop hides continuing corporation tax “windfall”

Changes to Apple’s tax structure have skewed short-term Exchequer figures for three years but multinationals are again lining up large taxable profits in Ireland in 2024.

Thomas Hubert
5th Apr, 2024 - 6 min read

A 60% slice of the Apple is in Cork – and it’s the most profitable

The Californian IT giant has reached a steady state after establishing the second generation of its pioneering green jersey tax structure and is set to continue lining Irish State coffers.

Thomas Hubert
29th Mar, 2024 - 4 min read

Stephen Kinsella on riding the economic Mexican wave: Innovation beats recession

The Irish economy contracted in 2023. Did you feel it? Very likely you didn’t. Why is that? More importantly, what should we do about it? We should innovate.

Stephen Kinsella
7th Mar, 2024 - 6 min read

Udemy pushes back on Coimisiún na Meán’s “unreasonable” designation

The new tech watchdog is formulating its online safety code but the US-based online education multinational thinks its approach is off the mark.

Jonathan Keane
5th Mar, 2024 - 5 min read

“We brainstorm and work on the business 24 hours a day”: Brian Bakeberg on building a multinational with his wife

Brian Bakeberg and his wife Orla have built and sold businesses in many industries from Botswana a Co Mayo village where they're doing it all over again.

Sean Keyes
4th Mar, 2024 - 8 min read

Draining the double malt: How Microchip’s Irish-taxed profit topped $1bn for the first time

As the multinational chipmaker moves the registered office of a key holding company from Ireland to Malta, its Irish tax bill is surging. What exactly is happening?

Thomas Hubert
20th Feb, 2024 - 3 min read
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