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Full coverage: Symantec

Billion-euro subsidiary transfers complete the picture of Symantec’s Irish onshoring

The consequences of the Apple case continue to reverberate, with the recently renamed NortonLifeLock just one of the multinationals changing their corporate structures. After intellectual property transfers and the liquidation of corporate entities straddling Ireland and Jersey, new filings provide the missing piece of the jigsaw in the US online security giant’s Irish move: the consolidation of its global sales empire in a Dublin business park.

Thomas Hubert
17th Jul, 2020 - 2 min read

Another one bites the dust: Symantec in $8.3bn double Irish liquidation

The US-based cybersecurity multinational recently renamed NortonLifeLock is winding up a multi-billion dollar Irish-registered subsidiary. None of its 500-plus Irish jobs are at risk, but the paper move illustrates the staggering sums routed through shifting tax structures.

Thomas Hubert
25th Jun, 2020 - 3 min read

From double Irish to green jersey: Why Silicon Valley is moving tens of billions in IP assets to Ireland

Mapping Multinationals: Exit the double Irish, enter the green jersey. Following into the footsteps of Apple, US-based tech multinationals incentivised by shifting tax rules have been accelerating onshorings of intangible assets here.

Thomas Hubert
5th Mar, 2020 - 11 min read
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