After Budget 2024, multinationals will no longer have access to a 12.5% rate in Ireland. There is still a lot more they can do to locate profits here at a tax advantage, however, and the unofficial expectation for the Exchequer is: more money.
For years, the double Irish scheme siphoned multinationals’ profits to offshore islands. Now their intellectual property makes half of all corporate profits in Ireland tax-deductible. Ahead of the budget, new data and analysis reveal what drives the corporation tax bonanza.
X’s Dublin-based international office has reported multi-million-euro redundancy and lease exit costs while disclosing impairments in the value of the social network in the months following its takeover by Elon Musk.
When Kenyans gained access to credit, lenders targeted them with a "land grab". They harvested data and blacklisted large numbers of people for small defaults, says Lorcan O’Cathain, who wants to bring clarity to the sector with his business Money254.
Alan Moore has been a tax official, a tax adviser, a tax educator, a tax writer, and now, at a time when most people of his age are retiring, an entrepreneur. He talks about tax scams, raising funds, and the future of accountancy.
Calls for the Oireachtas to investigate the presence of controversial surveillance technology businesses in Ireland have yet to trigger action.
After 30 years in business, eyewear technology firm Ocuco has pulled off one of the biggest funding rounds of the year. CEO and founder Leo Mac Canna explains how he brought Accel-KKR on board, and outlines his plans for deploying the capital.
Two news events rocked GAN shares this week – one good, one bad. A prospective sale of the business remains under discussion.
Dublin-headquartered Carbon Collect has a prototype to suck carbon out of the atmosphere, partners in Arizona and is short-listed for US government funding. Its Irish co-founder Pól Ó Móráin is seeking backing to scale up in 2026.
A group of companies has been marketing some of the world’s most sophisticated spying equipment from Dubai to Singapore. Their owners and senior executives are Irish.
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