The agreement is the latest sign of efforts by European countries to tax profits booked by multinationals in Ireland.
Deadlines are looming on key rules deciding how American multinationals’ profits are taxed in Ireland. Trump and his supporters in Congress have yet to decide how much they will let away this time.
Labour and the incoming Irish government will have to place a significant emphasis on US relations in the new year with both facing threats from a protectionist Trump regime.
Behind a veil of prudence, Government projections continue to forecast rapid growth in corporation tax revenue. For another week, they appear not to be wrong.
European Central Bank president Christine Lagarde believes Europeans are "much less wealthy than they could be". The high concentration of savings and pensions need to be invested.
The firm's partners voted unanimously to merge with its private equity-backed US counterpart but some have decided to move on once the deal is concluded, including its chair Sinead Donovan, who explained her reasons to The Currency.
New Mountain Capital, the bankroller behind Grant Thornton's Irish and US merger, weighed up adding the UK arm too – but another private equity firm has beaten it to the punch.
Recent comments by Revolut's Nik Storonsky will only add to the malaise that has gripped the London Stock Exchange and the AIM market.
The Revenue Commissioners have won 39 cases in relation to the scheme before the Tax Appeals Commission. The result is a major victory for the authority, which began raising assessments in relation to the scheme in recent years.
Italy and the US have been pursuing tax liabilities on profits Airbnb booked in Dublin. Both battles are ongoing.
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