Founded out of the soil of the last recession, Sinead Doherty has taken Fenero from a headcount of one to 70. She talks to The Currency about expanding in India and taking the administrative sting out of contracting and freelancing models.
The detail of rules yet to be fully thrashed out will determine whether it makes more financial sense for mid-tier multinationals like Etsy to keep their international HQ located in Ireland.
Shortly before the end of its financial year in January, the Dell group severed its cloud software arm VMware. Both businesses continued to maximise the green jersey scheme in Ireland to shield their growing European business from corporation tax.
The Department of Finance described much of the latest bumper corporation tax revenue as a once-off windfall. Yet every indication is that aggressive tax planning through Ireland is set to continue.
When demand for rapid medical tests exploded during the pandemic, the US pharma giant routed this business through Ireland and Malta to achieve a four per cent tax rate. This expanded into a multi-billion-euro business last year.
New information from multiple subsidiaries of the two digital advertising giants in Ireland reveal how they operate in the post-double Irish world and how ready they are to take on the industry slump.
The global pharma company targeting rare diseases was acquired for $39 billion by AstraZeneca last year. Half of this value consisted in intellectual property located in Dublin, new documents show.
The US-headquartered software multinational was among the latest to move multi-billion-dollar intellectual property to Ireland two years ago. It was worth the wait.
Having delivered Budget 2023, Minister for Finance Paschal Donohoe speaks candidly about his time in office – from achievements to regrets. He also talks about the specifics of the budget, the future of taxation, and governing in a time of crises.
Intense discussions are continuing to decide how international principles agreed at OECD-sponsored tax negotiations will be implemented, and the devil is in the detail.
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