The social media giant is shutting down its Cayman-resident, Irish-registered holding structure after routing over $40 billion through the low-tax scheme over the past decade. It is not yet clear what role Ireland will play in the group's new corporate arrangements.
The global online recruitment firm has been beefing up its corporate structures in Ireland. While US multinationals have rushed intangible assets here to minimise tax exposure at home, Indeed’s Tokyo-listed parent has been operating differently.
From home delivery to temperature checks, Superquinn heir Eamonn Quinn has backed many food and retail companies. The chairman of Buymie and Kelsius talks about the future of the supermarket – and grants a peep into the Quinn family office.
The rising social network is injecting $200 million into an Irish subsidiary and opening new positions for "Pinployees" here as it ramps up business in Europe, following the model established by other Silicon Valley online giants.
As his office prepares to take on sweeping new responsibilities, Ireland’s top competition law enforcer Brian McHugh discusses Brexit, EU-wide efforts to regulate tech multinationals and the CCPC’s reluctance to tackle beef barons.
Shareholders, including Ireland’s sovereign wealth fund, are set to be massively diluted in Swrve, unless they invest more. The company is in talks with a new investor and is confident it will survive. So, just what happened and what happens next?
For the past three years, many US tech multinationals have been paying their shareholders more money than they earn. The difference came from Ireland, thanks to tax incentives devised by the Trump administration. That cash is now running out.
Rapt Touch hoped to crack the multi-billion-euro touch-screen technology market but found things hard-going. Its biggest backer, Dermot Desmond, has now appointed a receiver to two firms behind it.
Which channel will be more important to the recovery? Will it be bricks or clicks? Can we level the playing field for Irish firms abroad? It is time for a digital single market.
Forget the paltry €13 billion under dispute in the state aid case between Ireland, Apple and the EU – the Silicon Valley giant continues to repatriate much bigger cash reserves accumulated here, for the benefit of its ultimate shareholders.
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