This past July President Barack Obama had many heads swirling when he went after American businesses who base their headquarters in other countries, specifically mentioning Ireland. Obama’s speech in California came at a time when many businesses in America are looking to rearrange their operations given the high 35% tax corporation rate in the U.S. Obama said, “What we are … [Read more...] about Obama Criticizes Infamous
Irish Tax Loopholes
2014
Obama Criticizes Infamous
Easing Tax-Free Shopping for
North Americans in Ireland
A new card developed by FEXCO, a top finance company headquartered in Killorglin, Co. Kerry since 1981, aims to ease the burden placed on U.S. and Canadian tourists in Ireland when trying to reclaim the tax on purchases made while on vacation.
The so-called Horizon card in fact removes the need to reclaim taxes at all. Instead, customers register their card online, present it … [Read more...] about Easing Tax-Free Shopping for
North Americans in Ireland
Donegal Island For Sale
For €175,000, a little over $225,000 at the current exchange rate, a 96-acre island in Donegal could be yours. To put that price in perspective, that’s $30 per square foot – 1,230 percent less than Dublin’s reasonably affordable $369 per square foot, and nearly 5,000 percent less than the median price for an apartment (apartment!) in Manhattan ($1,482 per square foot). That … [Read more...] about Donegal Island For Sale
Mayo Brothers Selling
Checkpoint Charlie Shares
Through a series of debt purchases and security offerings, it turns out that one of the most iconic sites in Cold War relations is actually controlled by County Mayo developers Michael and Cathal Cannon, though not for much longer.
Checkpoint Charlie, on Friedrichstrasse in Berlin’s city center, was once the gateway between the American and Soviet sectors in the walled city … [Read more...] about Mayo Brothers Selling
Checkpoint Charlie Shares
World War I Centenary
Commemoration in Belgium
July 28 marked the one hundred year anniversary of outbreak of the Great War, and commemorations echoed around the world. Representatives from 70 countries, including Ireland, flocked to Liege and Mons in Belgium to take part in a day of remembrance. Irish President Michael D. Higgins was on hand to attend the many ceremonies and offer a few words of remembrance.
Speaking to … [Read more...] about World War I Centenary
Commemoration in Belgium