more brass necks than brass plates in tax row - blank brass name plates

The hypocrisy of the government's angry response to the transfer of residency to Ireland by American multinationals for tax reasons is extraordinary.
For about 12 months, the government has been playing the altar boy --
Like an innocent bystander watching the American issue unfold.
However, it has been less than 12 months since we had to change legislation that prevented companies here from having no tax residency anywhere.
President Barack Obama took part in the debate last week.
He reviewed the situation in Ireland in his comments, where American companies bought an Irish company and then set up the new holding company in Ireland for tax reasons.
The ministers said they wanted to help.
Primary Finance Minister Simon Harris says this is an American problem caused by abnormal US tax laws.
"Putting the horse upside down is not good for the country.
They don't work.
They don't have taxes here.
In fact, there are potential costs here.
"So, where have Bruton, Nunan and Harris been in the last decade? It is true that when successive Irish governments put in place measures to raise the possible financial benefits of these shifts, they, however, the Dail debate around these measures has not caused much by politicians warning or criticism of any persuasion.
It all started in 2004, when Charlie McCreevy, then finance minister, introduced special incentives to encourage international companies to set up holding companies or headquarters in Ireland.
These measures have nothing to do with attracting serious foreign direct investment, but help create some jobs for accountants and lawyers here, and in addition, directors of large multinational corporations fly to Dublin once a month to make some decisions.
At this point, Ireland has surpassed intelligence and competition in winning real foreign direct investment, just trying to get too smart and smart.
McCreevy's successor is based on the initial incentives for capital gains tax and foreign dividend tax in the continuous Finance Act of 2005 and 2008.
In his last fiscal bill, he reduced the tax rate on certain foreign dividends by 50.
This eventually led to a large number of UK companies seeking to transfer their homes to Ireland.
The British government clashed with several companies in 2008.
Ireland is spoken from both sides of the mouth.
We want to assure the UK that these companies are just registering their headquarters here and have not moved a lot of work, although we are trying to argue publicly that we are not interested in yellow card investments that do not have a real investment.
To find out what appeal Ireland has as a location for these reversals, you just consult an expert.
Law firm Arthur Cox has a detailed brochure outlining the benefits of doing reverse trading in Ireland for US companies, called "reverse trading to Ireland ".
The first benefit of listing is our low 12.
5pc company tax.
It added: "Although dividends received by an Irish company are taxed at the age of 12.
5 pc or 25 pc, a flexible credit system usually removes any tax liability in Ireland upon receipt.
In addition, other taxes
Free cash repatriation technology is provided.
"The second biggest advantage of Arthur Cox is the capital gains tax (CGT)exemptions.
These are the CGT exemptions introduced by McCreevy ten years ago and added by Cowen in the subsequent financial act.
The third is that there is no stamp duty on adr transfers in the United States, which is another exemption from our policy lobbying and delivery --makers.
The other advantages listed describe Ireland's situation in terms of commercial legislation and regulation in a very "relaxed" way.
Including: there is no "capital weakening" rule like the United States;
Rules for foreign companies that are not controlled in the United States, the United Kingdom or Germany;
And limited transfer pricing rules.
Other benefits listed may not reflect our business culture well in terms of transparency and accountability, including: stock buybacks do not require shareholder approval;
Shareholders do not need to approve the payment of dividends;
Ireland allows the so-called "blank check Preferred Stock ".
These are shares that the board has the right to decide on voting, dividends, etc.
They can prevent acquisitions by placing them with the board
Friendly investors
Another Irish "positive" is that there is no binding or consultative vote, and there is no legislation that allows shareholders to give a "voice in pay" to the remuneration of directors ".
Arthur Cox's brochure also highlights that in Ireland, the annual accounts only need to provide a total figure for compensation, loans, pensions and office compensation losses for directors.
The Irish government is talking about this as if it had just fallen from somewhere over Delaware and had nothing to do with us.
However, it took Ireland at least a decade, driven by industry lobbying, to develop an incentive framework that ultimately led to subversion.
We go too far in tax avoidance games and some of the work of lawyers and accountants is at high reputational risk.
We say we don't want brass, but our selective memory is definitely the type of brass collar.