They didn’t get where they are today by paying tax.
Jack Leahy writes
The establishment of the new company limited by guarantee would allow the College to seek charitable status from the Revenue Commissioners, given that the objectives of the company would support those of the College. Approval for charitable designation, which the proposal claims “should be available”, would exempt College’s online teaching from paying tax on tuition fees received.
In order to arrange effectively for the tax-free transfer of funds between the new company and the College it may be necessary that students pay fees directly to the College, who would in turn reimburse the company for “services rendered”.
As a distinct legal entity, it is possible that Trinity Dublin Online would be allowed to circumvent the public sector Employment Control Framework (ECF), which restricts the number of staff who can be hired from exchequer funding.