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Ireland says working on new post-bailout economic plan
ReutersDUBLIN (Reuters) - Ireland's finance minister said on Wednesday he planned to issue a long-term economic plan aimed at keeping the country on track after the strictures imposed by a bailout are removed next year. Rescued by Europe and the IMF in late...Tags: Bonds
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Ireland says will not be U.S. 'whipping boy' on tax
ReutersDUBLIN (Reuters) - Ireland's finance minister said the country would not be the "whipping boy" for what he called a flawed U.S. Senate report that said Irish loopholes helped technology giant Apple shrink its tax bill. Ireland has been forced to defend...Tags: European Union, U.S. Senate, Economy, Business and Finance, Google Inc., Enda Kenny
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Olazabal dreaming of Ryder Cup playing comeback
ReutersVIRGINIA WATER, England (Reuters) - Jose Maria Olazabal knows it is a long shot at the age of 47 but he has not given up hope of making a Ryder Cup return as a player at Gleneagles next year. The inspirational Spaniard was Europe's captain at the 2012...Tags: Ryder Cup, Masters Tournament, Davis Love III, Paul Lawrie, PGA Championship
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Vanguard chooses FTSE indexes for 4 new ETF equity funds
ReutersBOSTON, May 22 (Reuters) - Vanguard Group, one of the largest managers of exchange-traded funds, will use stock market indexes from FTSE Group for four new funds based in Ireland, the companies said on Wednesday. Vanguard, which oversees about $288...Tags: University of Chicago, Finance, Economy, Business and Finance, State Street Corporation, Japan
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EU leaders talk tough on tackling Amazon, Google over taxes
ReutersBRUSSELS (Reuters) - Britain, France and Germany called for stricter rules to stop companies such as Google, Apple and Amazon aggressively avoiding taxes in austerity bitten Europe, while acknowledging they had done nothing unlawful. At a summit to...Tags: Government, E-Commerce Industry, United Kingdom, Francois Hollande, International Organizations
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Ireland says does not want to become U.S. "whipping boy" on tax
ReutersDUBLIN, May 22 (Reuters) - Ireland's finance minister said on Wednesday the country did not want to become the 'whipping boy' for what he called a flawed U.S. Senate report into the level of corporate tax Apple Inc pays in Ireland. Ireland was forced...Tags: U.S. Senate, Politics
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Apple CEO makes no apology for company's tax strategy
ReutersWASHINGTON (Reuters) - Apple Inc Chief Executive Tim Cook made no apology on Tuesday for the iPad maker saving billions of dollars in U.S. taxes through Irish subsidiaries and told lawmakers that his company backs corporate tax reform, even though it...Tags: Personal Income, Tim Cook, Property, Computing and Information Technology Industry, Taxation
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PRESS DIGEST - Ireland - May 22
ReutersThese 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...Tags: U.S. Senate, Bank of Ireland
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RPT-EU leaders look to end Apple-style tax avoidance schemes
Reuters* European leaders meet to discuss tax, energy policy * Tax avoidance schemes by major companies on agenda * EU loses 1 trillion euros a year to tax avoidance, evasion By Luke Baker and Mark John BRUSSELS/PARIS, May 21 (Reuters) - Growing concern in...Tags: Environmental Issues, United Kingdom, Energy, International Organizations, Francois Hollande
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RPT-Shale gas, energy costs vex EU leaders
Reuters* Energy trade deficit is 400 billion euros * Shale gas complicated in EU, could weaken Russian position * Single energy market should improve cross-border flows By Barbara Lewis BRUSSELS, May 21 (Reuters) - European leaders will discuss plans to...Tags: Environmental Issues, Imports, Energy, Petroleum Industry, Trade Balance
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Lawmakers grill Apple execs over tax strategy
WASHINGTON — Apple Inc. Chief Executive Tim Cook was supposed to face a hostile Capitol Hill crowd but instead he wielded the company's popularity like a shield to deflect some of the most aggressive questioning over the company's...
Tags: Companies and Corporations, Tim Cook, Carl Levin, Economy, Business and Finance, U.S. Senate Committee on Finance
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Ireland calls for global clampdown on aggressive tax planning
ReutersDUBLIN, May 22 (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...
May 22, 2013
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