Dáil debates

Thursday, 30 April 2020

Covid-19 (Health): Statements

 

8:45 pm

Photo of Paul MurphyPaul Murphy (Dublin South West, RISE) | Oireachtas source

Directors' pay at Beacon in 2018 was almost €1 million.

Are we paying the directors' pay? Are we paying the bloated pay of the CEO on top of that? These companies often officially claim to be making no profit but make intra-group transfers through transfer pricing, interest payments and fees to other companies owned by the same person. With that in mind, are we paying for any rents or interests to Mr. Denis O'Brien, Mr. Larry Goodman or any of their companies? Specifically, do the payments we are making include rent or interest payments made directly or indirectly to companies owned by Mr. Denis O'Brien or Mr. Larry Goodman which are registered in Luxembourg in order to avoid paying tax?

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