Friday January 17, 2020

The Last Post with Matt Cooper

Is Gary McGann ignoring his own advice by taking a High Court case over a tax bill on a €2.3m payment?

20th October, 2019
Gary McGann, former chief executive at Smurfit Kappa, insists that a €2.3 million payment was not a bonus Pic: Bloomberg

Who do you think said this is in an interview four years ago? “Risk and courage needs to be rewarded properly. But then tax and distribute appropriately. I’m not a capitalist.”

It was Gary McGann, one of the most prominent figures in Irish corporate life in recent decades, chief executive of Smurfit Kappa for 17 years, of Aer Lingus before that, and chairman of multiple boards, including Flutter and Aryzta at...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Varying interests will be lining up to fight their corner as Europe aims to reorganise and reinvent economic supply chains to ‘reconcile the economy with our planet’

Daniel Murray | 1 month ago

The threat of no-deal has led many businesses to identify and eliminate inefficiencies, allowing them to do more with less

Brian Cremin | 1 month ago

Real conversations about wealth transfer from parents to children are a must – and they should be had in plenty of time

Peter Kinsella | 1 month ago