Peter Vale

34 results

EU competition commissioner Margrethe Vestager ordered Apple in 2016 to pay €13.1bn in back taxes. Photograph: John Thys/AFP via Getty Images

Paul Gallagher, the State’s Attorney General during the depths of the financial crisis, has had a busy time getting back up to speed since Taoiseach M(...)

Apple’s Hollyhill campus in Cork: EU court decision ‘should curtail EU commission posturing on State aid’, Chartered Accountants Ireland said. Photograph: David Creedon/Anzenberger

Industry groups welcomed the ruling in the EU’s second-highest court that Ireland did not give illicit State aid to technology giant Apple. But concer(...)

The Apple logo on display at a company store in Brussels. The EU general court ruling is a big blow for the European Commission. Photograph: Emmanuel Dunand/AFP

Sometimes legal judgments do fall into line with common sense.When the European Commission announced in 2016 that Apple owed the Republic €13 billion (...)

Minister for Finance Paschal Donohoe. Corporation tax for the first half of the year generated €1.9bn more than expected. Photograph: EPA

The Government’s budget deficit swelled to €5.3 billion in June as spending on health and income supports related to the Covid-19 pandemic soared. Th(...)

‘Silicon Dock’, home of Google in Dublin.

Tax payments by Ireland’s businesses were way ahead of schedule in May – again. The story of the last few years, of returns boosted by massive payme(...)

Minister for Finance Paschal Donohoe has ruled out increases to income tax and other big tax categories, such as VAT, as they might impede recovery.  Photograph: Leon Farrell/Photocall Ireland/PA

The rapid deterioration in the Government’s finances as a result of the Covid-19 crisis has raised the prospect of tax-raising measures in the upcomin(...)

Sinn Féin Leader Mary Lou McDonald with elected colleagues on the plinth at the Dáil on Thursday. Bank shares were hit by the party’s policy to change their tax arrangements and give the Central Bank power to cap mortgage rates.  Photograph: Nick Bradshaw for The Irish Times

Will Sinn Féin’s huge success in the general election lead to big changes in government policy towards the economy and business? Will they even be in(...)

The latest exchequer returns show corporation tax receipts are up again this year. File photograph: Getty

The threat of a no-deal Brexit effectively handed Minister for Finance Paschal Donohoe a free hand to reject all but the most urgent spending demands (...)

Minister for Finance and Public Expenditure and Reform Paschal Donohoe at Government Buildings. File photograph: Alan Betson/The Irish Times

The Government is on course for another record tax take this year thanks to the ongoing windfall in corporation tax. However, Minister for Finance Pa(...)

An €896 million surplus at the end of July compared to a deficit of €277 million a year earlier. Photograph: iStock

Increased revenues from taxes on consumer spending and companies’ profits contributed to a near-€900 million Government surplus for the seven months t(...)

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