Microsoft Trying To Hide Irish Tax Haven Data
from the tax-dodge?-what-tax-dodge? dept
theodp writes "After coming under fire in recent months for transferring revenue and $16+ billion of assets to Ireland to enjoy tax benefits, the WSJ reports the software giant has taken the unusual step of revamping the shareholding structures of two of its Dublin-based subsidiaries, which will allow the units to shield statements of their accounts from the public. The move goes against the wishes of the Irish government's director of corporate enforcement, who said he is powerless to stop Microsoft's actions. Microsoft did not explain why it chose to re-register the two subsidiaries when questioned about the move."