Monday, June 24

Tag: Ireland

The Huge Commercial Market Behind St. Patrick’s Day Celebrations
BUSINESS

The Huge Commercial Market Behind St. Patrick’s Day Celebrations

California, SF, 03/16/2021: St. Patrick’s Day is an Irish cultural celebration that extends beyond the Irish shores. It is usually celebrated on the 17 of March every year as this is believed to be the date St. Patrick died in 461 AD. He is often celebrated as the person who introduced Christianity to the Irish people.  Many people see this day as an opportunity to get back to their Irish roots and have a party. People commemorate this day in different parts of the world, including the UK, Canada, Argentina, Australia, Brazil and New Zealand. It is arguably the most celebrated festival in the world. As a result, it usually presents the perfect opportunity for all businesses globally.  A Typical Modern-Day St. Patrick’s Day Event The present-day St. Patrick...
Apple To Pay $15B To Ireland In Back Taxes
BUSINESS

Apple To Pay $15B To Ireland In Back Taxes

American multinational tech giant company Apple Inc has agreed to pay over $15 billion to Ireland in back taxes in 2018. Apple and Ireland agreed to the terms of an escrow fund for the money, said Irish Finance Minister Paschal Donohoe, according to the source Wall Street Journal. The EU had earlier launched a fresh crackdown back in 2016 over taxes paid by the iPhone manufacturer. The EU said it planned to refer Ireland to the European Court of Justice for failing to recover the money in back taxes from Apple. The tax deal had allowed Apple to pay almost nothing as taxes on its European profits between 2003 and 2014, said European Union. It also said that Apple's Irish tax benefits were illegal, enabling the firm to pay a corporate tax rate of no more than one percent. Ireland...