The end of offshore secrecy?
Thousands of Irish companies prefer to remain unlimited, meaning they don’t have to file accounts. But, to protect their owners, many have set up limited parent companies abroad. New EU directives due to be implemented next year may change all that
A strange thing happened at the G20 summit in Brisbane earlier this month – its members actually agreed on something.
Before Vladimir Putin took his early leave, the group managed to back a transparency drive against the use of anonymous shell companies and trusts, giving new political momentum to longstanding promises to tackle corporate secrecy.
In its essence, the agreement amounted to the group publishing a set of principles for governments that aim to make...
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
Proposal for expert panel to review capital projects over €100m
Large public capital projects could be run through an “independent panel of international experts” as part of public spending reforms, according to the Department of Public Expenditure
State body to reissue €28m office supplies contract
The contract covers the supply of office stationery to a range of government bodies and agencies, including the HSE, universities, hospitals, councils and schools
Sinn Féin open to coalition deal, but on condition of border poll
Party would launch the ‘largest public house building programme that Ireland has ever seen’ and a national health service
Fine Gael ‘will go to war’ if Bailey runs as independent
The party threatens to put significant financial resources behind its own candidates in bid to ensure that she is ‘never seen again’ in politics
