00077189

Larry Goodman

Sir, – I refer to the article by Colm Keena headed “Goodman company owner paid little tax on €52m profit” in The Irish Times of April 24th.

 

The article was misleading and damaging to the group as it did not give a fair reflection of the taxes paid. The group, which is headquartered in Ireland and has successful operating plants in Ireland, UK, Poland, Holland, Denmark, Austria and Spain, pays substantial millions in corporation taxes on the profits earned and is tax compliant in all jurisdictions in which it operates.

 

The article, which concerned part of the financing structure of the overall group, implied a tax rate for the entire group by reference to the rate of tax paid by selective holding/financing companies within the overall structure. For the accounting year ended March 31st, 2014, the effective rate of corporation tax for the entire group was in excess of the Irish corporate tax rate. 

 

Yours, etc,

LJ GOODMAN,

Executive Chairman,

ABP Food Group,

Ardee,

Co Louth.

Meanwhile….

“The Revenue Commissioners are reviewing the international corporate structures used by Larry Goodman’s ABP Food Group and other businesses, in the light of details made public last month.”

“The move comes in the wake of reports in this newspaper about a group of companies based in Luxembourg, the accounts of which show massive inter-group loans and dividend payments that are only lightly taxed. A company called Parlesse Investments Sarl has booked profits of approximately €280 million between 2010 and March 2013, and paid tax of approximately €800,000…Mr Goodman is a former director of the company.”

Hmm.

Context: Goodman company owner paid little tax on €52m profit (Colm Keena, Irish Times, April 24, 2015) 

Revenue to review Goodman group structure (Colm Keena, Irish Times, May 8, 2015)

Related: Goodman empire is built on good tax planning, privacy and international trade (Colm Keena, Irish Times, May 8, 2015)

90355518Ryanair’s Michael O’Leary announcing delivery of new planes last September

Finding someone back there who can not only fly this plane.

But who didn’t have fish for dinner can also do their own taxes.

Via The Irish Examiner:

Some of the 6,600 pilots who answered a detailed questioner for the Ghent study described having to pay employer and employee social welfare contributions, while others were in severe difficulties over their tax.

All of this puts them under financial strain as most have flying school debts of €100,000, and amassed further debts qualifying to fly the particular planes used by Ryanair.

The “home base” concept used by Ryanair means that 90% of pilots and cabin crew are based outside their home country and can be moved by the company at short notice.

Jon Horne, a pilot and vice president of the ECA, told the parliament’s employment and social affairs committee that bogus and zero-hour contracts must be banned.

“It is absolute lunacy in aviation. The fact that it can go on is absurd. Would you be satisfied if a surgeon was only paid when he operates, regardless of whether it is safe to do so or not?” he said.

Any excuse.

Ryanair contract practice ‘a threat to safety’ (Irish Examiner)

(Sam Boal/Photocall Ireland)

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Today’s Evening Standard

There you go now. Meanwhile…

UPDATE:

Election 2015 live: Conservatives reach 323 seats for overall Commons majority (Guardian)

vacation

What you may need to know:

1. Meh…

2. Wait… Chevy Chase! Beverly D’Angelo! Scat! Nope… still meh.

3. What happened to Cousin Eddie? Oh, right.

4. Please insert your own “Thor’s hammer” joke here.

5. Christina Applegate deserves better. After three Hangovers, Ed Helms has made his own bed.

6. Helms is the sixth actor to step into Rusty Griswold’s shoes since Anthony Michael Hall played the role in National Lampoon’s Vacation (1983).

7. Juliette Lewis was once an Audrey. She’s a Scientologist, you know.

8. Broadsheet Prognosis: Not good.

Release Date: November 13.

(Mark blogs about film, TV and other stuff at WhyBother.ie)

PODEMOS-crowdSign

water_charges_march_sat_oct11_photo2_right2waterPodemos rally in Madrid, Spain (top) last year and Irish Water protests at the GPO in January.

Hope.

We don’t ‘do’ that.

But we know a man who does.

Dr Rory Hearne writes:

Hope has been in short supply in this country in recent years but, thankfully, it has emerged in recent months. But this hope has not come in the so-called ‘recovery’ which is deeply uneven across the country and from which the majority of people remain excluded from.

No, the real hope emerged, first in the water protests, and now in the possibility of a new political movement built from the grassroots of these unprecedented protests.

Since independence in 1921 the overwhelming majority of Irish governments have been composed of the tweedle-dee, tweedle-dum, parties of Fine Gael/Fianna Fail/and Labour. What have they achieved for ordinary people? Corruption, inequality and austerity are now the hallmarks of the Irish Republic, a centenary after its founders aimed for a Republic of equality.

But an alternative is rising. The first steps have been taken with the launch of a set of ‘policy principles for an alternative democratic and progressive government’ by the trade unions involved in the Right2Water campaign.

Their proposals for a new government are broad ranging and visionary. They include holding a referendum to enshrine in the constitution that water remains in public ownership and management, introducing the right to gainful employment and a living wage through a Decent Work Act, enshrining the right to housing in the constitution, rent control and a state-led national home building programme.

Other proposals include the creation of a universal healthcare system free at the point of entry, a European Debt Conference to restructure sovereign debt throughout the Eurozone; the introduction of a Financial Transaction Tax in order to repay states for the private bank debt they assimilated; and a state led and democratically accountable programme of restructuring and writing down of mortgage debt.

Outlining the need for “real and meaningful reform of our local and national democratic processes which would put citizens at the heart of decision making” they propose that citizens should have the capacity to recall elected members of parliament before the end of term and the ability to propose changes to the constitution or call a referendum in relation to legislation introduced by the Oireachtas.

It is clear to many people that a real change is needed and, what is most significant about the current time, is that increasing numbers are now seeking alternatives to the traditional, establishment, political parties.

The most recent opinion polls showed that the traditional establishment parties could only achieve a combined core vote of 40% (Fine Gael, 20, Fianna Fail, 14, Labour, 6,) with Sinn Fein at 20, Independents 18 and 20% undecided. Recent polls have also shown that almost half of voters want a new party to be formed and two thirds do not trust the current party political system.

My own research into the views of those who have protested against water shows that an overwhelming majority believe that there is a need for a new political movement/party in Ireland.

This is radically challenging the conventional conservative assumptions and analysis of Irish politics and citizen engagement. There is a clear opportunity for a new political party to emerge.

However, the question to be answered is whether or not this current wave of anti-establishment sentiment can be converted into a process of political change. That depends ultimately on what type of new political party/movement emerges and whether it can be done in time to have an impact on the coming general election.

Key to the success of such a new party will be achieving the support of the people in the currently ‘undecided’ and ‘independent’ category. How could this be done? We can look to the example of the new Podemos (Yes We Can) party that has spectacularly emerged in Spain.

They have created a new party that is winning large support through a platform of broad anti-corruption and-austerity policies, declaring that it is neither Left nor Right but for the ordinary people against the elite in Spain, Europe and the financial markets.

They have involved people who do not normally engage in traditional politics through local community meetings and online processes of voting on party policy. This is important as it is clear that people want new ways of doing politics that is inclusive and democratic.

The Right2Water unions’ policy proposals are hopeful in this regard. They are clearly aiming at a broad audience and want to try achieve unity amongst a diverse coalition of Left parties, independents, and community groups.

They have even developed their policy principles, not as a completed election manifesto as is traditionally the case, but are currently looking for submissions from the general public on the proposals to feed into a conference they are organising on June 13. This is a real opportunity for ordinary citizens to contribute to a process that could dramatically change this country.

While the government and media are claiming the growth figures (at least half of which are based on multinational activity that has no relation to the real Irish economy) point to a ‘recovery’ the reality for most people is on-going suffering from debt, a housing crisis that has become an emergency (from overburdening rent, mortgage, homelessness repossessions), low pay, casualisation and zero hours contracts, major problems accessing health services, worsening long term unemployment, rural decline, and the continued poor housing and community facilities for people living in disadvantaged areas.

Meanwhile the Siteserv controversy has just confirmed what many people are feeling – that there is little difference between the Fine Gael/Labour administration and the cronyism and corruption of the Fianna Fail years.

Podemos in Spain has developed a new language and approach to politics that has tapped into, and mobilised, widespread citizen disgust and opposition to the establishment elite.

Much work is required to develop a similar type political alternative in Ireland but the political atmosphere at the grassroots amongst ordinary citizens suggests that the appetite is there for it.

Dr Rory Hearne is the author of Public Private Partnerships in Ireland: Failed Experiment or Way Forward for the State? (Manchester University Press) and is a lecturer at Maynooth University.

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Malahide Cricket Club this morning, top, and President Michael D Higgins greeting England’s cricket captain James Taylor

Ireland is playing England in a one-off One Day International (ODI) in Malahide today.

And it’s JUST started.

Follow RTÉ’s live commentary here

Pic: Simon Mann and Sky Sports Cricket

UPDATE:

uisce

The multi-award winning Titanic-based short.

Shot on a Canon 550D!

Has arrived online.

Cork-born filmmaker Shaun O’ Connor writes:

Myself and writer/actor Tadhg Hickey came across an amazing untold Irish Titanic story and made a short film about it in a weekend for a total of €300.

It went on to screen and win awards at festivals all over the world, including  DC Shorts, the biggest short film festival on the East Coast of the US, where it won the “Filmmakers’ Choice” award.

After a crazy few years on the festival circuit, we have just made the film available (above)

Since the the short we were selected as one of the winners of the RTE Storyland commission and created the series ‘(R)onanism‘.  Anyways, thanks for your time & hope ye enjoy the short!

Reviews welcome below.

Broadsheet.ie