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Full coverage: Tax

Wall Street and Merrion Street beware – Elizabeth Warren is back with a corporation tax vengeance

The US Senator who lost out to Joe Biden in the Democratic presidential race has dropped a bombshell into the fraught federal budget debate: A proposed additional tax on the profits recorded by American multinationals globally, including in Ireland.

Constantin Gurdgiev
20th Aug, 2021 - 6 min read

Seven EU countries have passed laws forcing Airbnb to share landlords’ tax data. The other 20 can now go through Ireland

Analysis by The Currency reveals that the tax authorities of six EU countries have received Irish-held customer data from Airbnb. Now, a new Irish court judgement paves the way for other members states to do likewise. What happens next?

Thomas Hubert
18th Aug, 2021 - 7 min read

Intangible acrobatics: How Adobe’s $11bn IP move to Dublin will generate a $1.4bn tax benefit for tech giant

The US software multinational has just revealed how a simple intra-group balance sheet reorganisation with no gain in value allowed it to generate a $1.4bn tax benefit in Ireland.

Thomas Hubert
12th Aug, 2021 - 5 min read

A Vatful of drugs: The tax implications of an €8m pharma rebate row

After The Currency exposed the volume deals struck by a medicine manufacturer with private hospitals and health insurers, our tax expert explores the ramification of the Vat dispute they triggered.

Eoin O'Shea
6th Aug, 2021 - 6 min read

Grid connection is energy developers’ worst headache. At least its cost is now cleared for tax relief

When one of Ireland’s largest electricity companies claimed capital allowances on the fees charged to plug into the national network, Revenue came back with additional tax bills. The dispute went to a two-day hearing before the Tax Appeals Commission.

Thomas Hubert
6th Aug, 2021 - 6 min read

“Incentive type agreements”: Inside the volume deals between pharma, private hospitals and health insurers

A medical supplier decided to fight Revenue over a €1m Vat relief claim. To defend its case, the company had to reveal the discounts and rebates consented to healthcare providers.

Thomas Hubert
5th Aug, 2021 - 5 min read

How four high rollers engaged in an “elaborate tax avoidance scheme” – and got away with it

A group of investors borrowed in a foreign currency at a high interest rate, generating millions in tax relief for property investments that largely failed to materialise. Now the scheme has been ruled above board.

Thomas Hubert
26th Jul, 2021 - 12 min read

The multinational tax reform portal

This Thursday evening is the moment chosen by the Irish Government to officialise its adhesion to a global pact to raise corporation tax to a floor of 15%. Since The Currency's launch in September 2019, we have been keeping track of the biggest business story connecting Ireland to the wider world. Catch up with our best coverage of the issue.

Thomas Hubert
23rd Jul, 2021 - 2 min read

Improbable, but certainly not impossible: What if the corporation tax take was about to increase?

Some columns are exercises in whataboutery. This column is an exercise in whatifery. Corporation tax receipts here are supposed to fall in the coming years. What if they rise?

Stephen Kinsella
22nd Jul, 2021 - 5 min read

Seamus Hand on corporation tax reform, the future of aviation and steering KPMG through the pandemic

KPMG managing partner Seamus Hand is bullish about the economic outlook. However, he is concerned that the recovery could be hampered by businesses being unable to access the right pool of talent.

Ian Kehoe
21st Jul, 2021 - 5 min read
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