Paddy Cosgrave ‘no saint’ over US fund tax arrangements

Web Summit founder defends instigating anonymous Facebook advertising campaign

Web Summit founder Paddy Cosgrave offered an "elephant prize" to an RTÉ journalist, which was declined on ethical grounds. Video: Enda O'Dowd

Web Summit founder Paddy Cosgrave has said there “absolutely” could be a perception of hypocrisy over his criticism of Ireland’s tax regime, due to the tax arrangements of a US fund he is involved in.

In recent days Mr Cosgrave has been highly critical of Ireland’s corporate tax regime, which he says allowed for large scale tax avoidance by multinational firms and funds.

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