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Monday 2 October 2023 Dublin: 11°C

# Multinationals

This year
2023
# Corporation Tax
15% corporation tax rate for large multinationals to be introduced from next January
Finance Minister Michael McGrath confirmed that he will bring a memo to Cabinet this week to introduce the measure.
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Apr 2nd 2023, 2:53 PM
Voices
John Gibbons: Shell made record profits as the planet burns - welcome to the toxic oil industry
The environmental campaigner questions how a global fossil fuel giant can record its highest profits ever in the shadow of a climate crisis.
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Feb 3rd 2023, 4:21 PM
All time
# Multinationals
Corporate tax to increase from 12.5% to 15% as Ireland agrees to back global reforms
The new rate will apply to companies with a turnover of over €750 million.
The new rate will apply to companies with a turnover of over €750 million with SMEs paying 12.5%.
Until today, Ireland was among a handful of states that had not agreed to the OECD-led plans.
The new tax regime could be in place by 2023.
Explainer: Why is Ireland about to raise its corporation tax rate from 12.5% to 15%?
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Updated
Oct 7th 2021, 6:15 PM
# Central Bank
Brexit and global Covid-19 setbacks represent biggest threats to Irish economy, says Central Bank
Mortgage transactions have recovered since the summer, according to the latest data.
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Nov 26th 2020, 12:56 PM
# Multinationals
Ireland's corporation tax receipts set to take a hit under new rules and fall by up to €2bn
Ireland’s corporation tax increased again this year.
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Jan 9th 2020, 7:19 PM
# return to work
'Returnships' to be introduced to help women get back into the workforce
Minster Regina Doherty said women often lack the “confidence and belief in themselves” to return to work after a long period of time.
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Oct 13th 2019, 11:02 PM
# Multinationals
Donald Trump tells businesses to bring back jobs from 'places like Ireland'
He said that US infrastructure “used to be the best in the world”, but was now “literally like a third world country”.
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Aug 15th 2017, 10:51 PM
# factcheck
FactCheck: How much do multinationals actually contribute in taxes?
FactCheck looks into a set a claims made over the airwaves and in the Dáil in the past week.
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Sep 9th 2016, 7:07 PM
# settling up
Ireland could lose millions in tax as Facebook shifts UK profits back to UK
The tech giant paid just €5,000 in corporate tax in the UK in 2014, by routing its profits through Ireland.
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Mar 4th 2016, 8:38 PM
# follow the money
This is how much tax Google paid in Ireland last year
The company employed nearly 3,000 people across Ireland in 2014.
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Oct 29th 2015, 10:34 AM
# computer games
Two of Ireland's biggest tech employers are getting together in a colossal merger
Dell is taking over EMC for a staggering $67 billion – the world’s largest-ever tech deal.
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Oct 12th 2015, 1:47 PM
# Under Threat
The EU is considering a minimum corporate tax rate, and that's bad news for Ireland
Pressure from Germany and France could see the European Commission reveal an initial plan on the matter next month.
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May 26th 2015, 1:56 PM
# A big deal
Ireland's largest firm could be about to get a whole lot larger
CRH is in talks to buy up to €6 billion worth of assets from two rival firms.
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Jan 23rd 2015, 9:27 AM
# not all googley
These regions were the winners and losers for multinational investment last year
The IDA has admitted it is still falling well short of its regional development target.
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Jan 6th 2015, 4:27 PM
# pass the hat around
Apple is worried it will have to pay back-taxes to Ireland... and the bill could be BIG
Grief over that claimed ‘sweetheart’ tax deal just won’t go away.
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Oct 31st 2014, 10:30 AM
# softer performance
Multinationals were worth less to the Irish economy last year as the Viagra effect wore off
Big pharma struggled thanks to the “patent cliff” kicking in.
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Oct 16th 2014, 12:04 PM
# Tax avoidance
David Cameron is not happy with Ireland's tax regime - because he 'wants our jobs'
The British PM isn’t into the Double Irish
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Sep 30th 2014, 4:00 PM
# sweetheart deal
Here's what we know about the EU's claim that Ireland gave illegal State aid to Apple
They say that Apple was given an advantage over competitors.
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Sep 30th 2014, 11:19 AM
# the more the merrier
Here's how Richard Bruton plans to create 7,000 jobs a year in multinational companies
We will be “competing to win”, the Minister said.
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Jul 30th 2014, 12:15 PM
# Tax Havens
Ireland second to Bermuda as 'conduit' for taxable income of US multinationals - IMF staff paper
Corporate tax avoidance is bad for the global economy, paper reports.
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Jun 25th 2014, 5:06 PM
# Back to Work
Burton wants to phase out "shelters" that help millionaires avoid tax
The Labour Minister said that this must be accompanied by a “strong safety net” to protect people.
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Jun 9th 2014, 9:36 PM
# think big
Pfizer, IBM and Microsoft to show small Irish businesses how to make it big
Over 3,000 small businesses in Ireland have already had the chance to take part in the programme which is run by a non-profit support forum.
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Mar 14th 2014, 7:15 AM
# Prime Numbers
Sunbeds, Prince Harry, and Superquinn sausages: The week in numbers
Plus: What percentage of teenagers have received a sexual message online?
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Feb 15th 2014, 7:30 PM
# Investigation
Legality of tax loopholes to be investigated by the European Union
The head of the authority said today that certain Member States have been asked to provide further information on their tax affairs.
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Feb 11th 2014, 4:38 PM
# Tax Haven
Multinational companies paid just 2.2 per cent tax in 2011 - report
A new study from Trinity College contradicts the government position on multinationals’ tax rates, but had been criticised.
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Feb 11th 2014, 9:38 AM
Voices
Column: Ignorance, avoidance, distortion – media coverage of the Corrib gas project has failed
The Irish media has failed to properly report on the local community’s resistance to Shell in Mayo. The reason? Journalism has fewer and fewer resources to filter the truth from the propaganda, Harry Browne writes.
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Jan 24th 2014, 3:18 PM
# ESB
Multinational companies seriously concerned over possible power outages
Retail Excellence said stores will be forced to close for the duration of the strike and many may not reopen.
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Nov 29th 2013, 3:32 PM
Voices
Column: Calling time on multinational imperialism
With employment figures finally on the up and job announcements by the likes of Microsoft making the headlines, it is time to start cheerleading our thriving start-up sector, writes Paul Allen.
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Nov 28th 2013, 8:30 PM
# Tax
UK officials face questions over multinational tax affairs
The Commons’ Public Accounts Committee is said to be skeptical about Google’s explanations of UK ad sales booked through Ireland.
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Oct 28th 2013, 4:07 PM
# Budget 2014
US senators welcome Irish tax reforms
The two US senators, one a former presidential candidate, say that Ireland should “close the door” on tax abuses.
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Oct 16th 2013, 8:54 PM
# Multinationals
Enda Kenny: Our corporation tax is not in question from anyone, ok?
The Taoiseach has defended Ireland’s corporation tax regime against questions about ‘sweetheart’ deals for some US multinationals.
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Sep 19th 2013, 10:01 PM
# Europe
EU probe into Ireland tax deals with multinationals
The probe, by the European Commission, also looks at Luxembourg and the Netherlands – but the Department of Finance said that “no formal EU state aid enquiry has been launched”.
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Sep 12th 2013, 11:28 PM
Evening Wrap
The 5 at 5 5 minutes, 5 stories, 5 o’clock…
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Sep 12th 2013, 4:46 PM
# vacancies
The technology sector is open for business, but there's a shortage of suitable candidates
A survey of 38 major tech companies estimates there’s 4,500 job vacancies in the ICT sector, but there is a major skills shortage.
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May 23rd 2013, 7:12 PM
# Multinationals
Irish multinationals employed almost 249,000 abroad in 2010
Figures show the UK was the most important destination country for Irish businesses abroad.
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Nov 9th 2012, 12:31 PM
# Jobs
Over 13,000 multinational jobs created in Ireland last year
Twitter, Intel, Coca-Cola and Paypal all made ‘significant’ investments in Ireland in 2011, helping increase the number of jobs created by foreign companies in Ireland.
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Jan 5th 2012, 12:36 PM
# Jobswatch
Almost half of Ireland's multinationals to hire next year
According to a new survey, about 48 per cent of multinationals in Ireland will employ new staff during 2012.
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Nov 9th 2011, 6:42 PM
Voices
Column: ‘People who learn foreign languages have the choice to stay in Ireland’
In Ireland’s export economy, languages are a direct route to jobs. So why aren’t we teaching them, asks Fergal Browne.
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Oct 27th 2011, 7:30 AM