A company organising high-profile horse racing meetings was found to be liable to pay corporate tax, with betting revenue featuring prominently in the Revenue’s case on appeal.
Cable and Wireless has just placed its Dublin subsidiary into liquidation. With no employees, the special-purpose vehicle had raised bonds worth $1.4 billion to fund communication networks across the Americas.
Six months into the role, the chair of the Bar Council Maura McNally talks about virtual law, priority vaccinations for barristers, low litigation figures, and why the Bar Council hasn’t ruled out selling its property portfolio.
Irish air purification company WellAir is backed by a host of heavy hitters including Bill McCabe, Polaris Capital and F-Prime Capital. It has now acquired a med-tech company based in North Carolina.
Only eight years ago Cillian Barry was freelancing as a journalist but now he has sold his gaming company to a casino giant listed on the New York Stock Exchange. His backers include one of the founders of Paddy Power and a former chairman of Aer Lingus
Ongoing changes to the corporate structure of Larry Goodman’s interests have allowed another glimpse into the value of his companies. After Luxembourg last year, the group has now pulled out of the Netherlands.
Niall Woods is celebrating the tenth anniversary of Navy Blue Sports, a sports agency that specialises in representing rugby players. The former Ireland international talks about building the business from scratch, expanding into the UK, growing female participation in sport and cutting deals in a time of crisis.
The collapsed lender is pursuing one of its former executives for tens of millions of euro in old loans. But Tom Browne is fighting back claiming Anglo's failure to disclose Sean Quinn's large CFD stake in the bank in 2007 renders the facilities invalid.
Documents released to The Currency under Freedom of Information legislation show the wide variety of schemes being used by companies and individuals to escape tax. And from trading losses to preferential loans, they also reveal the areas of focus for the tax authority.
In the groceries business, big companies usually win. Musgrave Group has made a virtue of its (relatively) small size to fight off its UK and German rivals. How long can it hold them off?
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