The OECD tax deal was for a level playing field. The US bill on a 15% minimum rate is ignoring it
Instead of playing along the rules agreed by 137 countries to raise corporation tax to a global minimum, Democratic Senators have selected the bits that favour narrow American interests – and put international co-operation at risk.
12th Aug, 2022 - 7 min read
Abandoning consensus, Trump unleashed a revolution. Win or lose, the dark shadow of his nativist agenda will persist
Irrespective of who wins on Tuesday, there is the compelling sense that the US has reached a moment of denouement. When the votes are cast, what America will we inherit?
31st Oct, 2020 - 8 min read
Drug deals: how a pharma giant with $10bn on its balance sheet prepares for Dublin bankruptcy
So many legal punches have landed on Mallinckrodt that it is facing a knock-out blow at any point. While the disputes engulfing the manufacturer of several controversial drugs unfold in the US, they all link back to the group’s corporate structure and intellectual property vehicles here in Ireland.
21st Aug, 2020 - 14 min read
Irish business must find its place in the China-US duopoly
Chinese President Xi Jinping has chosen confrontation over conciliation. As Covid-19 reshapes global supply chains, a more affirmative China offers both challenges and opportunities for Ireland, writes Ian Lahiffe in Beijing.
15th Jun, 2020 - 5 min read
Project Jailbreak: The inside story of how Dermot Smurfit Jnr floated $400m GAN on the Nasdaq amid a global crisis
Seventeen months ago, Dermot Smurfit’s gambling software business GAN was up for sale. When he could not get the price he believed it was worth, he doubled down and, following a string of corporate moves, listed the company on the Nasdaq in New York.
15th May, 2020 - 10 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.
19th Mar, 2020 - 7 min read
As US business drags Aryzta further into the depths, its weak share price makes it a target for corporate raiders
The Irish-Swiss B2B frozen manufacturer has made progress addressing its debt problem, but cannot seem to address the excruciating demise of its North American division. Among the generalised stock market rout, its share price has taken another hammering.
16th Mar, 2020 - 4 min read
Grand designs: How Tyrone McKillen has made it big selling mansions in California
His father is a successful property investor and hotel magnate. And, through the Press Up group, his brother is opening restaurants and pubs in Dublin at breakneck pace. Meanwhile, over in California, Tyrone McKillen has carved out a niche in Los Angeles selling the world’s most expensive mansions to the super-wealthy.