Saturday, October 20, 2012

Have U2 Lost Their Hero status in Ireland?

There is an ongoing campaign branding U2 as "Tax Dodgers" because they re-located some of their business activities from the Republic Of Ireland to another region within the European Union.

The band have defended themselves by saying that that they’re fully “tax compliant”. Manager Paul McGuinnes pointed out that “U2 is a global business and pays taxes globally. At least 95 per cent of U2’s business takes place outside of Ireland and as a result the band pays many different kinds of taxes all over the world.”

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