Ireland Archives - CFO

Norwegian Air Files for Bankruptcy in Ireland

Credit & Capital

Norwegian Air Files for Bankruptcy in Ireland

The filing follows the decision of Norway’s government last week not to provide the low-cost airline with further financial aid.

By Matthew Heller | November 19, 2020

Apple Wins Appeal on $15B Irish Tax Bill

Apple Wins Appeal on $15B Irish Tax Bill

The decision by the EU court could have wide-ranging effects on multinationals.

By Lauren Muskett | July 15, 2020

Ireland to Join Apple in EU Tax Ruling Appeal

Ireland to Join Apple in EU Tax Ruling Appeal

Dublin is challenging the $14.5 billion judgment as a "seismic" attack on the integrity of its corporate tax system.

By Matthew Heller | September 5, 2016

Apple Hit With $14B Penalty Over Irish Tax Deal

Apple Hit With $14B Penalty Over Irish Tax Deal

The European Commission says Ireland improperly allowed Apple to avoid paying taxes on almost all profits from sales in the EU.

By Matthew Heller | August 30, 2016

IRS Seeks Facebook Records in Tax Probe

IRS Seeks Facebook Records in Tax Probe

The agency is investigating whether Facebook understated its tax liability by valuing intellectual property it sold to an Irish subsidiary too cheaply.

By Matthew Heller | July 11, 2016

Facebook Changes U.K. Accounting Policy

Facebook Changes U.K. Accounting Policy

The change may ease criticism over Facebook's overseas tax arrangements but won't necessarily mean a tax windfall for the U.K. government.

By Matthew Heller | March 7, 2016

Google Settles U.K. Tax Probe for $185 Million

Google Settles U.K. Tax Probe for $185 Million

European tax authorities have been cracking down on U.S. tech firms who they say have not been paying their fair share of taxes in Europe.

By Katie Kuehner-Hebert | January 25, 2016

Johnson Controls Makes Inversion Deal With Tyco

Johnson Controls Makes Inversion Deal With Tyco

The $20 billion combination is likely to revive the "vexed political debate" over U.S. firms using inversions to reduce their taxes.

By Katie Kuehner-Hebert | January 25, 2016

Apple Settles Italian Tax Probe for $350M

Apple Settles Italian Tax Probe for $350M

Investigators reportedly found a $961 million gap between Apple's sales in Italy over a five-year period and what it paid in tax.

By Katie Kuehner-Hebert | December 30, 2015

Apple Adds Jobs in Ireland as Tax Ruling Looms

Apple Adds Jobs in Ireland as Tax Ruling Looms

CEO TIm Cook affirms Apple's commitment to Ireland, where the company is expanding its Cork campus to accommodate a growing workforce.

By Katie Kuehner-Hebert | November 11, 2015

U.S., Microsoft Battle Over Data Stored Abroad

U.S., Microsoft Battle Over Data Stored Abroad

Microsoft is challenging a U.S. search warrant for customer emails stored in a data center in Ireland.

By Matthew Heller | September 10, 2015

Etsy Avoids Disclosure With Irish Tax Haven

Etsy Avoids Disclosure With Irish Tax Haven

The company's Irish subsidiary no longer has to report basic financial data or the amount of tax it will pay.

By Katie Kuehner-Hebert | August 14, 2015

Ireland to Scrap ‘Double Irish’ Tax Loophole

Ireland to Scrap ‘Double Irish’ Tax Loophole

Popular with companies whose chief asset is intellectual property, the evasion tactic will be closed in 2015.

By Matthew Heller | October 14, 2014

EU to Detail Probe of Apple’s Irish Tax Break

EU to Detail Probe of Apple’s Irish Tax Break

The European Commission is also investigating tax breaks allegedly granted to Starbucks in the Netherlands.

By Matthew Heller | September 29, 2014