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Ireland feels the heat from Apple tax row
Reuters © Apple Operations International, a subsidiary of Apple Inc, is seen in Hollyhill, Cork, in the south of Ireland in this October 6, 2011 file photo. Ireland said on May 21, 2013 it was not to blame for Apple Inc's low global tax payments after the U.S. Senate said the company paid little or nothing on tens of billions of dollars in profits stashed in Irish subsidiaries. ...
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Globe picks Ireland’s Nasctech to optimise enhance network
Filipino operator Globe Telecom, backed by the Ayala Group, has selected Irish firm Nasc Technologies (Nasctech) to optimise and enhance the efficiency of its recently ...
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Ireland Factory-gate Inflation Accelerates In April
Output prices in the Irish manufacturing sector rose at the strongest pace in five month during April, data released by the Central Statistics Office showed Wednesday. Factory-gate prices rose 1.9 percent year-on-year, following 1.1 percent rise in the previous month. The latest increase was the biggest since November, when output prices grew 2.7 percent. Month-on-month, output prices in the ...
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Abortion legislation incompatible with human rights values says Binchy
William Binchy: the Government "falsely claims that it is bound to take this step because of the judgment of the European Court of Human Rights, whereas, in fact, the judgment merely requires clarity in our law.'' Photograph: Brenda ...
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Irish Life sale boosts merger figures
The sale of Irish Life by the government helped push the value of mergers and acquisitions in Ireland over the past quarter to its highest level since 2010. The sale of Irish Life for €1.3 billion to Canadian firm Greatwest Lifeco accounted for almost a quarter of the €5.57 billion in deals completed here between January and ...
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ODriscoll rejects RWC possibility
Ireland centre Brian O'Driscoll has rejected speculation that he may extend his international career to the next Rugby World Cup. The 34-year old announced last week that he had signed a new one-year contract with Leinster and the IRFU, seeing O'Driscoll link up with soon-to-be Ireland boss Joe Schmidt at Test level.However in a move to quell speculation about one more further ...
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Why Apple Wound Up In Ireland
Apple was criticized in a Senate hearing Tuesday for using a complex accounting to minimize the corporate taxes it pays. One key piece of the company's tax strategy: It funnels lots of its profits through subsidiaries in Ireland. Offering low corporate tax rates has been a fundamental part of Ireland's economic strategy for decades -- a way to get foreign companies to set up operations ...
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Loyal Orders generate millions of pounds a year for Northern Ireland
The figure includes an estimated 39 million contribution per annum through the provision of facilities - such as around 750 Orange Halls in the region - and the undertaking of community and volunteer work and fundraising, according to the Stormont funded study.The report by consultants RSM McClure Watters said the sector boosts the economy by another 15 million a year through direct expenditure, ...
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Apple has deep roots in Ireland but does not like to talk about it
Staff leaving the Apple factory at Hollyhill, Cork in January 1999 after 500 job losses were announced at the plant. Photograph: Mark Kelleher/News ...
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Irish man charged over 1982 bomb attack
(8 mins ago) Prosecutors have charged an Irish man with four murders stemming from a bomb attack in Hyde Park on July 20, 1982. The attack killed four members of the Royal Household Cavalry as they travelled from their barracks to Buckingham Palace during a time of political violence related to the conflict in Northern Ireland, AP reports. Prosecutors said Wednesday that Anthony Downey, 61, ...
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Ireland calls for global clampdown on aggressive tax planning
DUBLIN (Reuters) - The international community needs to work together to stop large multinationals aggressively playing one country's tax code off against another, Ireland's Minister for Enterprise said on Wednesday."They play the tax codes one against the other, that is tax planning and I think we do need international cooperation through the OECD to deal with the aggressive ...
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Dubais D BarGrill serves a fine Irish fare
The Irish are famed for their hospitality and the D Bar&Grill confirms that they now export it, too. The lively atmosphere in McGettigan's Irish pub downstairs was shut out as we climbed the softly carpeted, wrought-iron and oak spiral staircase, complete with a beautifully twinkling chandelier, into the world of Irish fine dining. What a treat awaited us. No attention to detail has ...
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Tyrones ONeill ruled out for Donegal clash
Karl Lacey speaks to Damien O'Meara ahead of the Ulster quarer-final Tyrone’s Ronan O’Neill has been ruled out of Sunday’s Ulster SFC quarter-final against Donegal due to a hamstring strain. The 20-year-old attacker, who missed most of last season with a cruciate injury, damaged the hamstring in training. Meanwhile, midfielder Aidan Cassidy, who has been sidelined ...
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€8m fuel laundering plant found in Monaghan
A forklift, six vehicles and other equipment were seized. Some seven tonnes of toxic waste - the by-product of the laundering process - were also ...
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Humanist Funerals Thrive In Post-Catholic Ireland
By Paresh Dave Religion News Service DUBLIN (RNS) Patricia Wojnar left a 32-year career in interior design to pursue a degree that wasn't in demand: a master's in bereavement studies. Having seen four family members die early, she wanted to understand how to adapt. As it turned out, the degree perfectly prepared her to enter one of Ireland's emerging professions. Wojnar is ...
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Britvic to create combined UK and Irish unit
British soft drinks maker Britvic will close two factories and a warehouse and roll out the Fruit Shoot brand in India as part of a new strategy announced with its interim results. Proposals to deliver annual savings of £30m sterling include closing two factories in Britain and a warehouse in Northern Ireland. It will also create a combined British and Irish business unit under a single ...
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Carroll pulls out of Ireland clash
Liverpool striker Andy Carroll has been ruled out of England's friendlies against Republic of Ireland and Brazil due to a foot injury. The English Football Association confirmed the news in a statement last night, stating that no replacement is being called up by manager Roy Hodgson at the present time. "Andy Carroll has been ruled out of the England squad for the upcoming ...
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Verdict expected in Tipperary rape trial
A verdict is expected in the trial of a man accused of raping a woman at a Tipperary house.The woman has given evidence during the hearing that she understood she was going with the man to do a cleaning job. The accused man admitted having sex with the then 23-year-old woman at the house but told gardai it was consensual.He said that the woman had not shown any fear.It is alleged she was raped ...
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Focus on Irish tax laws as Kenny heads for Brussels
Ireland's tax laws will come under the spotlight again today when the Taoiseach attends a European Council meeting in Brussels.The talks follow the publication yesterday of a report by the US Senate which claims that Ireland's tax laws enabled the tech giant Apple to avoid paying billions of dollars in tax.Enda Kenny denied the claim in the Dil and said that Ireland doesn't ...
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Press Digest - Ireland - May 22
Wed May 22, 2013 2:40am EDT These are some of the leading stories in Ireland's newspapers on Wednesday. Reuters has not verified these stories and cannot vouch for their accuracy: THE IRISH TIMES - Ireland's reputation took a battering at a high-profile U.S. Senate hearing on Tuesday where the country was labeled a "tax haven" in an investigation into the offshore tax practices ...
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Significant changes set out in revised Croke Park II accord
Brendan Howlin, Minister for Public Expenditure and Reform, turns away from his press briefing on the LRC negotiations on Croke Park at Government Buildings ,yesterday.Photograph: Cyril Byrne/The Irish ...
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Irish truck driver laid to rest two years after he disappeared
St. John the Baptist in Cashel, asked God to give his family justice, Herald.ie reported. "He has given the last two years on his own and now, finally, he's back where he belongs," Michelle Ryan said. Ryan, 52, who also worked as a disc jockey under the name Mr. Moonlight, was last seen June 3, 2011. Michelle Ryan told the RTE program "Crimecall" that she found her ...
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Cancer facilities for the young still a scandal
Owen Smith , and others, for better facilities. A decade after I was there, another teenager in my position had to go through all the same obstacles in getting cancer treatment in this ...
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A strategy to stop suicide
More people die by suicide every year than are killed in road traffic incidents. But the quality of services provided to help vulnerable people are dreadfully inadequate and successive governments have failed to prioritise medical and social care. What is particularly disturbing is the high number of young men who take their own lives and the role that mental health issues, along with alcohol ...
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UPDATE 3-The Irish loophole behind Apples low tax bill
Tue May 21, 2013 9:19pm EDT By Tom Bergin LONDON May 21 (Reuters) - Apple's ability to shelter billions of dollars of income from tax has depended on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs. A U.S. Senate investigation revealed Tuesday that Apple, maker of iPhones, iPads and Mac computers, channelled profits into ...
Ireland Digest
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Is Ireland living beyond its means?
Ireland is highly developed and has experienced rapid and constant economic growth in the last few decades, with many calling the country the Celtic Tiger. But recent events in the world economy and the financial situation of Europe may mean changes are afoot for the Tiger.
Ireland is one of the most developed countries in the world and has a high tax high government service economic model, it has for the last few decades substantially reduced the socio-economic inequalities in the economy and had a Gini coefficient score of 30.1 in 2000 while The Economist says we have the best quality of life in the world. This has come at a cost though, government deficits are running at over 10% of GDP, public debt accounts for over 40% of all revenue generated in the economy and the Irish population has a debt level, in relation to disposable income, that is the highest in the developed world – our personal debt in 190% more than our disposable income. All this begs the question, are we living within our means or is Ireland’s economic model unsustainable? Read more
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