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U2 tax compliance: the view from Ireland
U2 appear unable to grasp the core of the issue regarding their tax status in Ireland ("The Edge: U2, Bono have not evaded taxes," July 13) . Nobody on this island doubts that they are fully in compliance with Irish or European law, or that they have every right to move their tax base to the Netherlands. Indeed, the Irish Exchequer can hardly complain, considering the criticism Ireland has received from many quarters in Europe because of its own low corporate tax rate. Rather, the quibble lies with the double standards applied by Bono and Co. when lecturing us on the rights and wrongs of wealth distribution.
July 15, 2011