Dublin – and a little bit of Irish corruption

I love Dublin. Scruffy old town that it is, it used to be my old stomping ground. (When I escaped out of Wicklow). I have a great love for the place Even being confronted with a march for the 32 counties on Easter Sunday didn’t phase me. I just pointed out that fact to my 4 year old son that one of the protestors had a M&S bag as evidence of the nonsense they were Continue reading Dublin – and a little bit of Irish corruption

Spains 3rd largest company Inditex moves all online billing operations to Ireland (or how to hide 742 million euros annually from Hacienda)

Inditex -the owner of such fashion chains as Zara, Uterqüe, Pull&Bear, Bershka, Massimo Dutti, Stradivarius or Oysho- has moved its online operations to the Republic of Ireland in order to take advantadge of the 12,5% flat rate corporation tax available there, the lowest corporation tax in the EU. This compares favourably with a 30% corporation tax Spains third largest company would have to pay if all this went through Madrid. (Yes, I know they’re based Continue reading Spains 3rd largest company Inditex moves all online billing operations to Ireland (or how to hide 742 million euros annually from Hacienda)