La Repubblica reported yesterday that Apple Italia was listed as a “consultant” for Apple Ireland, thus enabling the US colossus to transfer its Italian earnings to Ireland. Photograph: AFP

Italian media reported yesterday that Apple Italia “transferred” €879 million of profit earned in Italy between 2008 and 2013 to Cork-based Apple Sale(...)

Worker assembles new Porsche 911 sports car at the Porsche factory in Stuttgart-Zuffenhausen. Photograph: Michaela Rehle/Reuters

Euro-area business activity expanded faster than economists forecast this month, signaling that a fragile recovery in the 19-nation region is becoming(...)

The performance of the Irish economy in 2014 surpassed the expectations of many, not least those of Minister of Finance Michael Noonan. When presentin(...)

A screen showing the price of Repsol’s shares at Madrid’s Stock Exchange. The Spanish oil giant has about $10 billion in cash and short-term instruments available to make acquisitions

Repsol, the Spanish oil group, is in talks to acquire Talisman Energy of Canada, in a deal that could value the target’s equity at up to $8 billion.Se(...)

British chancellor George Osborne said last week some of “the largest companies in the world”, including tech giants such as Google, Facebook and Amazon, were using “elaborate structures” to avoid tax.  Photograph: Jens Meyer/AP Photo

Multinationals will be given 30 days to pay a 25 per cent penalty tax by the British Revenue and Customs if it decides that they have improperly shif(...)

Brendan Halligan, chairman of the IIEA, Heinz Zourek, director general of Taxation and Customs Union at the European Commission, Josephine Feehily, chairwoman of the Revenue Commissioners, and Tom Arnold , director general of the IIEA, at the IIEA Corporate Taxation Conference. Photograph: Eric Luke

There were a number of recurring themes during the conference on the taxation of multinationals held in the Round Hall of the Mansion House in Dublin.(...)

Germany – and not Britain –  is the main destination for EU citizens moving from one member state to another, according to a report just published by the OECD. Photograph:  Lynne Cameron/PA Wire

Eastern Europeans form 1 per cent of the United Kingdom’s population and are better educated than locals, but the majority of European Union citizens (...)

OECD said the euro zone continues to lose steam

(REU) PARIS, Nov 12 (Reuters) - The world’s major economies show stable economic momentum but the euro zone continues to lose steam, notably in German(...)

A drilling rig at the the Corrib gas field. An advanced tax agreement between Vermilion Energy Trust and the Luxembourg authorities was negotiated by PwC on behalf of the Canadian company in November 2009. Photograph: Shell E&P Ireland Ltd

The Canadian oil group that owns 18.5 per cent of the Corrib gas project made its investment using a complicated structure agreed with the Luxembourg(...)

Irish food multinational Glanbia has put more than €1 billion into companies in Luxembourg that have no employees but serve to reduce its tax bill her(...)