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Enda Kenny

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Irish PM: U.S. Senate's Apple Tax Claims Wrong

Ireland does not cut special tax deals with foreign companies and a U.S. Senate report saying it did so for Apple Inc is incorrect, Irish Prime Minister Enda Kenny said on Tuesday.Ireland has been defending its corporate tax rate after the U.S. Senate said on Monday that Apple paid little or no tax on tens of billions of dollars in profits in Irish subsidiaries and that it had negotiated a special corporate tax rate of less than 2%."Ireland does not - I will repeat - does not do special tax rate deals with companies, we don't have any special extra-low corporate tax rate for multinational companies,'' Kenny told parliament."Reports of a lower effective tax rate appear to arrive at their figures by lumping together the profits earned by companies in Ireland and other jurisdictions and incorrectly suggests that the Irish tax does, or should, apply to both.''...

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  1. Ireland awaits ECB debt call; liquidates Anglo Irish

    Ireland's government rushed through emergency legislation early on Thursday to liquidate the failed Anglo Irish Bank as it tries to secure a deal with the European C...

  2. Debt Payments Cause Political Woe in Ireland

    The Irish government's credibility with voters would suffer sharply if it failed to win a deal to ease repayments on its huge bank debts, but the lack of an agreemen...

  3. Exclusive: ECB rejects Irish bid on promissory note - sources

    The European Central Bank has rejected Ireland's preferred solution to a dispute over the cost of servicing money borrowed to rescue a failed bank, EU sources famili...

  4. Irish PM Says Markets Expecting Promissory Note Deal

    Irish Prime Minister Enda Kenny Thursday said bond investors expect the European Central Bank to agree to an easing of the terms on which his government repays debts...

  5. Cyprus Banking Reforms Urged

    LIMASSOL, Cyprus--Cyprus will have to take steps to tackle money laundering and improve the transparency of its banking sector to secure an international bailout dea...

  6. German finance minister repeats message on Irish "special case" status

    Germany's finance minister repeated on Tuesday that Berlin views Ireland as a special case among bailed-out euro zone states, but did not make clear if that meant th...

  7. Buba's Dombret: Demanding Changes to Irish Bailout May Harm Market Trust

    Ireland shouldn't demand adjustments to its financial bailout program because that could jeopardize growing market confidence in the country, a key board member of G...

  8. France backs retroactive Irish bank support: Hollande

    France backs a retroactive recapitalization of Ireland's banks, President Francois Hollande said on Monday, adding that its banking sector should be treated as a spe...

  9. Germany backs "special" Ireland on bank deal

    German Chancellor Angela Merkel and Irish Prime Minister Enda Kenny issued a joint statement on Sunday reaffirming that euro zone leaders would examine ways of impro...

  10. Food group Kerry unveils 900 new Irish jobs

    Irish food company Kerry Group is to hire 900 workers for a new food technology centre to be built in Ireland, one of the biggest jobs announcements by a single comp...

  11. Ireland Still Working To Secure Bank Refinance Deal

    The Irish government is still working to secure a deal to refinance the huge sums it pumped into its banks during its severe banking debt crisis, and is pressing Eur...

  12. Ireland urges Europe to stand by bank aid pledge

    Ireland urged euro zone leaders on Wednesday to stick to a deal allowing the bloc's rescue fund to assist its ailing banks, in a move to head off threats that the ag...

  1. Ireland Defends Corporate Tax System

    The Irish government Tuesday denied it is sheltering some of the world's largest corporations, like Apple Inc. (AAPL), from paying taxes, saying the country's longst...

  2. IMF Urges Ireland to Retain Austerity Program

    The International Monetary Fund on Wednesday urged Ireland's government to stick to its painful austerity program as it emerges from its international bailout, despi...

  3. Ryanair to Buy 200 Boeing Aircraft in $18 Billion Order -Report

    Ryanair (RYA.LN) has placed an $18 billion order with Boeing Co. (BA) for as many as 200 aircraft, the Irish Independent reported Tuesday. The order, which is for ei...

  4. Irish debt deal will cut borrowing needs by 20 billion euro: Kenny

    Ireland's bank debt deal with the European Central Bank will reduce its borrowing needs by 20 billion euros over the next decade and cut its fiscal deficit by some 1...

  5. Irish PM: Debt Deal Will Cut Borrowing Needs, Budget Deficit

    Irish Prime Minister Enda Kenny Thursday said a new schedule for repaying debts incurred in support of the country's stricken banks will reduce his government's borr...

  6. ECB, Ireland reach bank debt deal: source

    The European Central Bank agreed a deal on Thursday to ease Ireland's debt burden in a major boost to Dublin's hopes of emerging from an international bailout progra...

  7. ECB close to Irish debt deal as Anglo liquidated

    The European Central Bank moved towards agreeing a deal on Thursday to ease Ireland's debt burden after Dublin rushed through emergency legislation to liquidate Angl...

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