A handout picture made available by the Australian Department of Defense shows two Royal Australian Air Force (RAAF) F/A-18F Super Hornet aircraft conducting a mid air refuelling from a RAAF KC-30A Multi-Role Tanker Transport en route to the Middle East Region.

Australian special forces troops will be deployed in Iraq to assist in the fight against Islamic State militants, prime minister Tony Abbott said toda(...)

US medical device maker Medtronic’s plan to move its tax base to Ireland may be in doubt under rules announced by the Obama administration yesterday.

Medtronic, the Minnesota-based medical device maker that’s planning to take an Irish tax address, may become one of the biggest losers under rules ann(...)

Mark Redmond: “The basic reason why we attract jobs is because US multinational operations in Ireland have a reputation for delivering on their mandate.”  Photograph: Nick Bradshaw

In the global tax game, Ireland is a mere pawn, powerless in the face of big corporations and their aggressive tax avoidance schemes. It’s no s(...)

Scottish first minister Alex Salmond: furious about the intervention of Australian prime minister Tony Abbott, who said it was “hard to see how the world would be helped by an independent Scotland”. Photograph: Andrew Milligan/PA Wire.

Nearly 700 years ago, Scottish nobles went to Arbroath to sign a letter in Latin that declared Scotland’s right to be an independent kingdom, rather t(...)

US Senator Carl Levin has introduced two bills aimed at preventing US firms from merging with a foreign company to avoid paying taxes. Photograph: Andrew Harrer/Bloomberg

Every loophole has its lover. That’s why, despite the furore that has erupted over American companies adopting foreign headquarters to reduce their(...)

GlaxoSmithKline said last week it had received “very significant” indicative bids from private equity companies. Photographer: Chris Ratcliffe/Bloomberg

Private equity groups are exploring a $10 billion (€7.4 billion) plan to buy hundreds of older drug brands from GlaxoSmithKline (GSK) and Sanofi and m(...)

The Husi Food factory in Shanghai, which is under investigation  by the authorities. Photograph: Aly Song/Reuters

Here at Asia Briefing we often discuss how China’s desire for high standards in food safety presents opportunities for Irish companies; the country’s (...)

Blister packs of over-the-counter allergy medicines, manufactured by Perrigo. Perrigo agreed to buy Irish drug company Elan for $8.6 billion in 2013, thereby gaining a low-tax base for international expansion. Now it is being cited as a potential acquisition target for larger companies looking to pursue a similar strategy. Photograph: Andrew Harrer/Bloomberg

Dublin based drugmaker Perrigo may join Swiss based Actelion and UK-based medical device company Smith and Nephew as acquisition targets for US healt(...)

A screen displays the share price for pharmaceutical maker AbbVie on the floor of the New York Stock Exchange on Friday. Photograph: Reuters

AbbVie defended plans to shift its tax residence to the UK after agreeing to buy Shire for £32 billion and urged US politicians to consider comprehens(...)

Dublin-headquartered Shire has been domiciled in Ireland for tax purposes since 2008

CHARLIE TAYLORAfter four unsuccessful bids, biopharmaceutical giant AbbVie has succeeded in acquiring peer Shire after upping its offer at the weekend(...)