Saturday October 24, 2020

Ian Guider on Johnson Control's takeover of Tyco

Johnson Control's takeover of Tyco couldn’t come at a worse time for Ireland’s reputation

Ian Guider

Markets Editor

31st January, 2016
"Ireland doesn’t have a tax problem. Everyone else does."

America has a tax problem. It has laws requiring corporations to pay large amounts of tax on their profits. Ireland has no such problem. Corporations here, or ones that move here, can pay 12.5 per cent of their profits in tax. If they are really clever, they can pay a lot less.

I doubt many people have heard about a company called Johnson Controls.

It makes things like car batteries and ventilation systems and is going...

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