While exploring the tech industry for the Mapping Multinationals series, Thomas Hubert had to adjust from the real world to understand the sheer volume of financial flows he was looking at. His reporting highlights the need for increased corporate transparency requirements.
In the final part of our series, our interactive map shows where in the country the world’s top technology firms have anchored billions in revenue and profit, along with 43,000 jobs.
The paperwork said you were not entitled to get your money back. But it did not matter as investors were poised to benefit from huge tax losses. Today, we reveal how one of the most audacious Irish tax schemes worked – and how it came unstuck.
The complex corporate web used to manage the Coolmore horseracing business and its owners’ other investments makes it difficult to estimate their wealth. This matters for a number of reasons – and Magnier’s position on the national rich list is the least of them.
As policymakers grapple with modernising antiquated global tax laws, new data ranks Ireland as the third biggest mover of US dividends in 2018. “I was surprised by the exact magnitude of Ireland’s numbers,” former Treasury official says.
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