Stories
Slash Boxes
Comments
typodupeerror delete not in
  • Preferences

+-   Facebook Finds Grass Greener in Ireland on Friday October 03 2008, @04:02AM theodp

Submitted by theodp on Friday October 03 2008, @04:02AM
money
theodp writes "Facebook announced it's chosen tax-haven Dublin for its international HQ, but not all are buying COO Sheryl Sandberg's line about local world-class talent being the motivation behind the move. The Irish Times recently reported that Irish subsidiaries owned by U.S. multinationals are opting to convert to unlimited liability status, concealing the financial performance of their Irish operations from public view. They include Microsoft's incredibly-profitable Irish subsidiaries Round Island One and Flat Island Company, Google Ireland Holdings (Mission? What Mission?), and a subsidiary of Apple Computer. The conversions have occurred as U.S. tax authorities have increased their scrutiny of international mechanisms used by American multinationals to reduce their taxes at home. Interestingly, Sandberg worked as Google's VP of Global Online Sales & Operations prior to joining Facebook."
submission
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.

Facebook Finds Grass Greener in Ireland 0 Comments More /

 Full
 Abbreviated
 Hidden
More
Loading... please wait.
Search
What does "it" mean in the sentence "What time is it?"?

All trademarks and copyrights on this page are owned by their respective owners. Comments are owned by the Poster. The Rest © 1997-2009 Geeknet, Inc.