Siebel has €141 million revenue but no tax liability
The main Irish holding company of multinational software company Siebel reported revenues of €141 million in its last financial year, but paid no tax.
The main Irish holding company of multinational software company Siebel reported that revenues of €141 million in its last financial year, but paid no tax due to its non-resident status
Siebel Systems Ireland Holdings reported turnover of €141 million in the year ending December 31 2011. This was down from revenues of €151.7 million a year earlier.
Since it is a holding company for several of its operations, the company had little or no overheads and reported...
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