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Brazil designates Ireland as tax haven: impact on aircraft finance

Kenneth D Basch Basch & Rameh From ILO February 22 2017 Aviation Brazil Introduction NI 1658: overview and implications Opposition NI 1662 and NI 1664 Introduction In September 2016 the Brazilian Revenue Service (SRF) unexpectedly promulgated a change in its…

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Ireland’s offshore assets

By Peter Hegarty From The Irish Catholic Tax avoidance is one of the greatest difficulties besetting the world economy. Accountant and tax campaigner Richard Murphy estimates that 10% – maybe more – of the world’s wealth is hidden away in…

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Facebook accused of misleading EU during WhatsApp takeover

By Mat Smith from engadget “Companies are obliged to give the Commission accurate information during merger investigations.” The European Commission is accusing Facebook of providing incorrect or misleading information during the Commission’s investigation into its merger with WhatsApp back in…

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The Editor speaks: All Souls, All Saints and Halloween

Did you dress up this weekend with your Halloween costumes? Did you go with your children trick or treating? Or did you go or are you going to church? To church? Halloween is officially calendared as Oct 31st but it…

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Greenlight Capital Re to release third quarter 2016 results

GRAND CAYMAN, Cayman Islands, Oct. 24, 2016 (GLOBE NEWSWIRE) — Greenlight Capital Re, Ltd. (NASDAQ:GLRE), a specialist property and casualty reinsurer based in the Cayman Islands and Ireland, today announced that it expects to release financial results for the third…

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Japanese tax investigation ends with Apple paying $118 million

By Chris Velazco From engadget After an in-depth investigation, one of Apple’s Japanese subsidiaries paid ¥12 billion ($118 million) in back taxes, according to a report from the Yomiuri Shimbun. Japanese tax authorities ordered the payment after determining the company…

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Japanese tax investigation ends with Apple paying $118 million

By Chris Velazco From engadget Japanese tax investigation ends with Apple paying $118 million After an in-depth investigation, one of Apple’s Japanese subsidiaries paid ¥12 billion ($118 million) in back taxes, according to a report from the Yomiuri Shimbun. Japanese tax…

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Sanders: The US and the EU in harmful tax competition

By Sir Ronald Sanders From Caribbean News Now Over the last few weeks, a trans-Atlantic war of words has been going on between the US Treasury and the European Union Commission (EC) over what amounts to ‘harmful tax competition’. That’s…

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Before alarm clocks Brits paid people to wake them up

By Alex Q. Arbuckle From Mashable 1900-1941 Knockers-up Snooze button not included. Before alarm clocks Brits paid people to wake them up by tapping on their windows Though designs for alarm clocks date back to the ancient Greeks, they were still not…

Irish government HQ bombarded with apples protesting Apple tax break

BY TIM CHESTER From Mashable The offices of Ireland’s ruling government party, Fine Gael, were littered with apples Wednesday, as members of Sinn Fein’s youth wing staged a vibrant protest against Apple’s recent tax furor. Red and green apples of…