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Full coverage: Tax

“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

A tale of two Pasc(h)als: Inside the global corporation tax showdown

As the Irish government invites the business community to take part in the debate on multinational tax reform, we ask Minister for Finance Paschal Donohoe and OECD tax chief Pascal Saint-Amans what is coming next.

Thomas Hubert
21st Jul, 2021 - 7 min read

Ireland can have its cake at 12.5% and eat it at 15%

There is no stopping an international agreement to increase the corporate tax take from those multinationals that have benefited most from globalisation, including by locating in Ireland. This leaves a lot of room where tax attractiveness can be more useful.

Thomas Hubert
16th Jul, 2021 - 6 min read

What would Google, Microsoft, and Facebook’s Irish tax bills look like at a 15% rate?

As yet another international meeting opens to try and hammer out a deal on multinational taxation, high-tech US giants continue to boost Ireland’s corporation tax take. How would this change under proposed new rules?

Thomas Hubert
9th Jul, 2021 - 5 min read

A Novell deal structure: the IT sell-off and the €1bn tax-free profit

When the multi-billion dollar software business SUSE changed hands in 2019, the proceeds trickled back to the UK-based Micro Focus group – but not until they had transited through Irish companies enjoying Caribbean tax residency. This is how the deal was done.

Thomas Hubert
15th Jun, 2021 - 4 min read

Holding companies, land leases and the Single Farm Payment: How a father and son were left with a €1m tax bill

Farm incorporation theory is rock solid from a tax perspective. However, a farming father and son have been left with a huge tax bill after routing their Single Farm Payment through their personal accounts, not those of their company.

Eoin O'Shea
1st Jun, 2021 - 6 min read
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