Thomas Hubert

2 weeks ago | thecurrency.news | Thomas Hubert

Every time a German small business pays for its Google Ads or an Italian consumer places an order on Temu, they pay Vat in Ireland. That’s because those multinationals, along with many others, have chosen this country as their European headquarters and their Dublin subsidiaries are the ones directly making sales to end customers across the continent. Yet under tax rules, the Vat on those transactions is owed in the country where the customer is based, at the local rate.

2 weeks ago | thecurrency.news | Thomas Hubert

Two years ago, the Dublin companies handling the accumulated profits of Ikea stores around the world were reeling from the impact of the war in Ukraine. Soaring interest rates had shaved over €1 billion off the value of the bonds they used to park liquidity, and they had to write down intercompany loans to their sister companies in Russia by €752 million.

3 weeks ago | thecurrency.news | Thomas Hubert

“Today, if I was doing it, no, I wouldn’t go to the stock market.” As an 80-year-old Denis Brosnan picked up another outstanding achievement award to add to his collection in University College Cork (UCC) on Wednesday, he compared the IPO he launched as founding CEO of Kerry Group four decades ago with the business funding landscape today. “Your only source of money was: Go to the banks or go to the stock market. Today, you have funds all over the place.

3 weeks ago | thecurrency.news | Thomas Hubert

In their recent interview with The Currency, the multi-award-winning restaurateurs Ahmet Dede and Maria Archer explained how much of their business’s resources went towards providing free accommodation as part of the employment package for their staff. Archer told me this was “essential” to recruitment as “there is nothing available”. Dede detailed the property fleet they have to maintain: three chefs live in flats above each of their two restaurants in Baltimore, Co Cork.

3 weeks ago | mondaq.com | Thomas Hubert |Joseph F. Lavigne |P.J. Kee

Our team attended the recent AIPLA Trade Secret Summit, one of thenation's premier conferences on trade secret law. Criticalissues surrounding the protection of confidential businessinformation took center stage and we were reminded just howimportant it is for companies to stay ahead of the curve tosafeguard against unfair competition and trade secret theft. Several topics were key takeaways for us.