
Kenny an eejit, what colour is Shatter’s hair etc).
Corporation tax is no different. So, after a fort-
night’s scintillating media debate, we know that
we charge .% Corporation tax, although
there seems to be a problem and our grown-up
friends abroad think we’ve a special deal with
Apple, though that’s sort-of not true. In fact, just
like in France where the official rate is % but
the actual rate .%, you need to look behind
the headline. In Michael Noonan said our
effective rate was %. But we do better for our
IT companies. In fact there’s a special tax rate on
income arising from intellectual property (IP)
which can be as low as .%. Up to % of the
cost of acquiring IP can be set off. You don’t need
to create the IP in Ireland you just need to oper-
ate in Ireland and buy the IP here, wherever it
has been created (Palo Alto, normally). So you
just bump up the cost of acquiring the IP and
bingo, you pass for a tax genius, and fleece the
ordinary man across invisible borders. Who cares
if it’s a ‘special deal’: it’s globalism, and Ireland
majors in it.
Hari Nama
Similarly, news that NAMA claims to have made
a profit of €m boggled the brains of the
nation for a few days recently. What it means is
that some of the loans that NAMA bought at dis-
counted prices (remember haircuts) were sold
at a profit over the last year. Of course NAMA
has carefully chosen to sell the best of its port-
folio – % of its asset sales since inception have
been in Britain. Clever, but meaningless for the
prospect of the agency getting this country back
the €bn it has invested. A shocking augury
is that the likes of Harry Crosbie have indicated
that NAMA, before it pulled the plug on him, was
expecting him to repay only the discounted price
NAMA paid for his loans, not the price the likes
of Crosbie originally paid. €.bn down and
€.bn to repay, to real profitability.
The best lack all conviction
Ireland is the only country in the European Union
that does not have a scheme for the expungement
of certain convictions after a set period of time.
Eight million people in the UK have a conviction
(just under % of the total population). The
UK Ministry of Justice has found that % of
men aged have at least one conviction; %
of women aged have at least one conviction.
It is likely that a comparable proportion of Irish
people are affected. The Irish Penal Reform
Trust says that at least half the calls it receives
relate to spent convictions and/or Garda vetting,
mostly from people who received a conviction
for a minor offence such as drunk and disorderly,
sometimes committed or decades ago, and
who continue to experience barriers to work,
training, and emigration.
Machynlleth
George Monbiot is a man for all seasons. His lat-
est book, ‘Rewilding’, outlining a radical new
agenda for land-management has created a con-
cept that will last a millennium. Monbiot moved
to Wales some years ago and, though a farmer on
a recent BBC Newsnight programme about the
idea claimed Public School-educated Monbiot
hadn’t been able to hack it there, he remains in
Machynlleth. In , Monbiot wrote a column
about urban planning for the Guardian, in which
he made the inspired case that new estates should
be built around a common green on which chil-
dren could safely play:
“Most importantly, the houses face inwards,
and no cars are allowed inside the square: the
roads serve only the backs of the buildings. The
square is overlooked by everyone, which means
that children can run in and out of their houses
unsupervised, create their own tribes and learn
their own rules, without fear of traffic accidents
or molesters. There’s a council estate a bit like
this across the road from my house. Whenever I
pass through it on a dry day in the holidays, I see
dozens of children playing there”.
Tragically, that is the place from which, on
October , April Jones was abducted and
murdered by former slaughterhouse worker,
Mark Bridger, recently sentenced to life impris-
onment. He claims he cannot remember where
he buried her.
Tryanair
Ryanair wants to buy out Aer Lingus. But com-
petition authorities may actually want it to sell
off the stake it currently retains. The EU’s Court
of Justice held in that it could not force a
divestment since Ryanair did not have control of
Aer Lingus but in late May Britain’s Competition
Commission found Ryanair’s .% stake con-
stituted a ‘relevant merger event’, ie an event that
would lead to common control or ownership.
Worse, it found that it had lessened competi-
tion in British markets. The British decision is
only provisional but a final decision, due in July,
could force a sell off on routes to Britain. Worse
still, a revised EU Merger Regulation may actu-
ally make it now possible for the Commission
to order divestment of a stake that is less than
controlling.
Hokey dokey
Amiable veteran sports broadcaster Bill O’Herlihy
merely moonlights as chair of RTÉ’s soccer
panel, and indeed Chairman of the Irish Film
Board. He is in fact, as he has declared himself,
primarily a PR dude. His company, O’Herlihy
Communications, recently ‘withdrew’ a claim
that it advises the Government, after being
accused of a potential conflict of interest by Ash,
an anti-smoking group. O’Herlihy attended the
meeting Taoiseach Enda Kenny held with a del-
egation of senior tobacco industry figures in May.
He advises the Irish Tobacco Manufacturers’
Advisory Committee. It’s called leveraging public
goodwill to do evil. O’Herlihy Communications’
website had claimed that staff “have worked in
government at the highest levels” and that “we
have been official advisers to the current and past
government”. The latter assertion was removed
after a query from the Irish Times. O’Herlihy
was media adviser to Fine Gael under Garret
FitzGerald in the s. He has used that back-
ground to advance his company.
For example, he mounted a vicious and frac-
tious campaign in an area near where he lived
in Cabinteely in favour of Monarch Properties’
scheme for Cherrywood in the early s. He
gave controversial evidence to the Planning
Tribunal – claiming that the project manager of
the development, Richard Lynn, had told him
that it was not possible to get a planning appli-
cation or a material contravention (Section )
through Dublin County Council unless it was
bought. According to Mr O’Herlihy, who had
been retained by Monarch Properties as their
public relations expert for Cherrywood, Mr Lynn
confirmed to him that money – £, – had
been paid. Marshalling all the ethics of the avun-
cular grandee he is, O’Herlihy continued to work
for his corrupt employers, touting the project
which he knew had little chance of being built
the way his propaganda claimed it would be
(full-grown trees, no roads, ‘Moroccan Village’
architecture). In the end the Tribunal found that
many of Monarch’s cash donations to council-
lors were corrupt, though of course no-one has
been prosecuted.
In May Ash Ireland wrote to the Taoiseach
suggesting O’Herlihy’s claim to be an adviser
to the Government and to the tobacco industry
constituted a breach of EU guidelines and was “a
totally unacceptable and disquieting conflict of
interest which warrants investigation and clari-
fication”. A spokesman for Mr O’Herlihy said the
statement online was not correct and the word-
ing would be changed. “It sounds like someone
got carried away while designing the website”,
he said. For the Irish Times to quote this spuri-
ous and Orwellian attempt by a cynical PR firm
to distance itself from its own central operations,
tells a tale of deferential ‘mediacrity’. Letters seen
by the Irish Times showed that O’Herlihy made
pre-budget pleas to Minister for Finance Michael
Noonan and Minister for Jobs Richard Bruton
last November not to increase the price of ciga-
rettes. “Excise increases merely generate greater
sales for illegal cigarettes,” he argued in the let-
ter, adding: “Ireland, with the most expensive
cigarettes in the EU, is fertile ground for crimi-
nals who trade in smuggled cigarettes”. Noonan
stated he attended the May th meeting with the
Doe-eyes