Apple: deal or no deal?

Apple: deal or no deal?
An Apple store in Munich, Germany: the company's tax affairs in Ireland are now under intense scrutiny. Picture: Christof Stache/Getty

In the second city, venerable institutions stand alongside modern multinationals, which in turn rub up against SMEs, creating a synergy that's driving the city forward

The glare of international attention is becoming too bright. A month ago, senior officials within the Department of Finance were deciding if Michael Noonan would address the thorny issue of multinational tax in his upcoming speech. Now, the mood music has changed: it is now a matter of what Noonan will say in his speech, as the veteran politician attempts to diffuse a gathering international storm.

Ireland’s cosy relationship with multinationals has simply been the...

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