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Gilmore: Companies in Ireland pay close to the correct amount of tax

The Tánaiste was responding to reports that one US multinational company had an effective tax rate of 4 per cent in 2011.

http://www.youtube.com/watch?v=b2owWCMFzPQ

YouTube: Hugh O’Connell

TÁNAISTE EAMON GILMORE has said that companies operating in Ireland pay close to the correct amount of tax and said the reason for any discrepancies is tax reliefs offered for research and development.

Gilmore was speaking at the opening of the data management company 10gen’s new offices in Dublin city centre this morning and was asked about the report in the Irish Times that US medical products firm Boston Scientific had an effective tax rate of 4 per cent in 2011.

He declined to comment on the tax affairs of that or any other company but he said Ireland’s 12.5 per cent corporate tax rate was established in Irish law and said the government remained committed to maintaining that rate.

Gilmore said studies showed that the “effective rate of tax that is paid by companies in Ireland is close to that 12.5 per cent rate” adding that differences to that rate could be as a result of reliefs offered for research and development.

Meanwhile, 10gen CEO Max Schireson said that he anticipated his company will employ as many 150 people over the next five years and 500 over the next ten years and explained why his firm decided to expand in this country:

YouTube: Hugh O’Connell

Apple CEO: ‘Nothing nefarious’ about Irish tax affairs

Noonan: US Senate is “misleading” the world on Ireland’s tax rate

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43 Comments
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    Mute Brian Daly
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    Dec 19th 2011, 4:42 PM

    We should dispatch a Minister next year to Pyongyang for Paddys’s day. Maybe all of them! :)

    102
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    Mute Martin Jordan
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    Dec 19th 2011, 4:55 PM

    Both countries run by lunatics !

    76
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    Mute Kieran Dunne
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    Dec 19th 2011, 4:29 PM

    Really good report. Very few people would have expected a connection with Ireland.

    46
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    Mute Seán Prendeville
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    Jun 24th 2014, 5:28 AM

    There’s always connections between countries FFS

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    Mute Stephen Doyle
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    Dec 19th 2011, 5:43 PM

    I was in Pyongyang for a week back in September and our young “minder” didn’t even know where Ireland was so don’t assume the average joe gets to read those reports on the press site. There is no Internet but there is a special intranet which the students in the library can use to look up stuff about the “imperialist” USA. Have to say it was a bizarre week!

    38
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    Mute Ciarán Mc Mahon
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    Dec 19th 2011, 5:15 PM

    Don’t forget, plenty of members of the Workers’ Party, which had links to the USSR, are now high-profile members of the Labour Party.

    de Rossa’s letter looking for £1 million is a good example:
    http://irishelectionliterature.wordpress.com/2010/07/08/1986-letter-from-the-workers-party-to-the-communist-party-of-the-soviet-union-cpsu-looking-for-funds/

    34
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    Mute Paul Murphy
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    Dec 19th 2011, 5:46 PM

    Sssush Ciaran .. some people don’t want to mention these things anymore :-/

    19
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    Mute Somhairle Mac
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    Dec 19th 2011, 6:51 PM

    Do ‘special activities’ include oifig an phoist and men in balaclava’s or a sponsored silence or what?

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    Mute Eire
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    Dec 19th 2011, 8:31 PM

    Reply from the CPSU your request for 1 million has been granted!!! “Will denomination’s of $100.00 dollar bills be OK ? See you in North Korea …have an empty suit case handy….good luck getting all those Worker Party , Democratic Left now Labour leaders & TD’s elected..see you at the next Lost Revolution Conference!!!!

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    Mute theresa parker
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    Dec 19th 2011, 4:23 PM

    Wonder what Michael D thought of getting congratulated by Kim Jong

    27
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    Mute Aengus Ó Maoláin
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    Dec 19th 2011, 4:20 PM

    In the 2009 St Patrick’s day greeting, Mr Kim (or his press secretary) seems to be under the impression that the former President was male: “Kim … wished the President … success in his work for the prosperity of Ireland.”

    By 2010, the confusion seems to have mounted as Mr Kim opted not to identify Comrade MacAleese with any gender: “… the message wished the Irish President success …”

    26
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    Mute mart_n
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    Dec 19th 2011, 5:48 PM

    Great article. Having some diplomatic ties or exchanges between ourselves and countries like DPRK is certainly not something to be embarrassed about. You can’t moan about the insular and secretive nature of such states and in the same vein decry the fact that some degree of civility exists between the two, regardless of politics.

    It is better to take many small steps in the right direction.. and all that

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    Mute corky2004
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    Dec 19th 2011, 10:14 PM

    He’s no more a lunatic than George W. Bush

    19
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    Mute mart_n
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    Dec 19th 2011, 11:10 PM

    Well, both acted with impunity.. that’s where the similarities end, though.

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    Mute Paul Murphy
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    Dec 19th 2011, 4:11 PM

    They prob get a load of their info from President of the Korean Friendship Association, Alejandro Cao de Benos .. a Spaniard and total hack for the NK regime .. check out a documentary (I’m sure it’s on YouTube) called Friends of Kim .. you’ll see just how crazy he is

    18
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    Mute Richard Pigott
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    Dec 23rd 2011, 6:57 PM

    I was in North Korea at the end of November (must have been the last Paddy there before the Dear Leader crocked it!) and agree with Stephen above, most of the North Korean’s I spoke with hadn’t the first clue where Ireland was, never mind keeping a close eye on our current affairs.

    Curiously we also did a tour to the museum that houses all the gifts from various nations to Kim Jong Il and there was some very fine Connemara marble on show courtesy of the Irish Workers Party’s trip there a few years back…nothing from Michael D yet, must be still in the post.

    The DPRK was an interesting trip, would highly recommend it.

    3
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    Mute Ciaran FitzGerald
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    Dec 20th 2011, 3:09 PM

    Yet again article of the week goes to Gav Reilly. Love reading his articles, he’s my favorite member of staff in the Journal.

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    Mute Ken Westmoreland
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    Jan 24th 2014, 11:08 PM

    I have heard the Koreans described as the Irish of the Orient – they’ve been under the yoke of a larger and more aggressive neighbour, plus they used to go abroad to work on building sites. While the north of both countries may be ruled by lunatics, it’s a lot easier to cross the border from Newry than Kaesong, and you won’t get thrown in prison for tuning into RTE.

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