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Full coverage: Tax

No country for old accountants: The tax implications of partners who “have grown old early”

The principle established in this pathfinder case – that a retiring partner can make tax-efficient arrangements to exit the firm – will have implications for hundreds of partnerships around the country.

Eoin O'Shea
25th Jun, 2020 - 5 min read

“Choke us like a viper”: Inside Revenue’s battle with one of Ireland’s top accountancy firms over retired partners’ payments

A major accountancy firm paid older partners to leave and clear the way for new talent. However, in a dispute that has implications for hundreds of other partnerships, Revenue is challenging the tax status of the payments. A High Court case looms.

Ian Kehoe
25th Jun, 2020 - 13 min read

What’s next for the Irish economy? Yes, we can borrow to fund the recovery, but we will also have to increase taxes

In my evidence to the Oireachtas Covid-19 committee, I explained that we must consider tax rises to bridge the €30bn deficit and fund a €20bn stimulus. In a crisis, all bets are off, and all avenues of revenue-raising should be considered.

Stephen Kinsella
18th Jun, 2020 - 7 min read

Cerberus uncovered: How the hound of hell uses Dutch co-ops to guard Irish profits against tax

To understand how vulture fund Cerberus manages billions of euros’ worth of Irish assets, you must look to Baarn, a small town 45 minutes away from Amsterdam. From there, you will see just how the fund is managing to flatline its tax bill, a two-month investigation by The Currency can reveal.

Thomas Hubert
18th Jun, 2020 - 8 min read

Microchip’s Maltese millions, its intellectual property moves and billion-dollar Irish subsidiary

One of the world’s leading manufacturers of electronic components has just invested another $1.5 billion in its Irish subsidiary and reported tax benefits dwarfing its actual profits for the second straight year. Could the two be related?

Thomas Hubert
8th Jun, 2020 - 5 min read

Shelters, structures, and service companies: How law firms caught the eye of the Irish tax authority

The Revenue Commissioners are examining a number of cases where partners in law firms have lowered their income tax bills by sheltering profits in service companies. How does it work? And what happens next?

Ian Kehoe
19th May, 2020 - 4 min read

Thomas Hubert: Making sense of multinationals’ billions

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.

Thomas Hubert
14th Apr, 2020 - 6 min read

Walford, Dunne and the €1.4m tax bill: new legal front opens up in long running dispute over Ireland’s most expensive home

Yesreb, a Cypriot registered firm linked to Sean Dunne that once owned Walford, has issued High Court proceedings against the Irish tax authority over a €1.4m tax dispute.

Francesca Comyn
10th Apr, 2020 - 3 min read

Convicted: How a Shrewsbury Road-based banker received a suspended sentence and €14m fine in German court

Northern Ireland man Martin Shields was at the centre of what has been described as the “biggest tax theft in the history of Europe.” He offered full cooperation during his prosecution, which last week came to an end.

Tom Lyons
19th Mar, 2020 - 5 min read

Mapping multinationals: The story of how just 25 companies booked €100bn in profits in Ireland

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.

Thomas Hubert
19th Mar, 2020 - 7 min read
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