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Rat, Ship, Sinking: Quinlan moves to Switzerland




Nipper

Well-known member
Joined
May 19, 2009
Messages
2,549
"Quinlan still owns substantial assets within Ireland. He is in a syndicate that owns the Bank of Ireland headquarters on Baggot Street. He also invested with property developer Bernard McNamara in the troubled Irish Glass bottling factory site at Ringsend.

Other Irish tycoons living in Switzerland include racehorse owner JP McManus and horse breeder John Magnier."


While the rest of us are being screwed all these boys claim to be living in Switzerland.

They should be arrested on entry to this country and charged for tax evasion.

It is time to stop this non resident crap.

As usual where are the opposition in this country?
 
Last edited:

DCon

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May 5, 2009
Messages
5,901
Why not live where their money is?

NAMA should have access to all their offshore accounts, so they can see how "non-performing" the developers really are.
 

Supermanpolitician

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Joined
May 8, 2007
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1,033
"Quinlan still owns substantial assets within Ireland. He is in a syndicate that owns the Bank of Ireland headquarters on Baggot Street. He also invested with property developer Bernard McNamara in the troubled Irish Glass bottling factory site at Ringsend.

Other Irish tycoons living in Switzerland include racehorse owner JP McManus and horse breeder John Magnier."


While the rest of us are being screwed all these boys claim to be living in Switzerland.

They should be arrested on entry to this country and charged for tax evasion.

It is time to stop this non resident crap.

As usual where are the opposition in this country?
Tax evasion?? Surely you mean tax avoidence??? If they are guilty of tax evasion then there is no problem,just lock em up and take their tax money pluspenalties. If it's tax avoidence, then try imposing tax on their tax free earnings. Magnier as far as I know, employs about 400 people directly in Ireland, leaving aside jobs indirectly dependent on his businesses. He bought a Maybach car a couple of years ago and on the day he did, he gave 300K to the Irish revenue in VRT, not to mention the tax paid by his businesses on non horsebreeding activities, plus all the PRSI he pays.
 

asset test

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Oct 3, 2008
Messages
14,781
Why not live where their money is?

NAMA should have access to all their offshore accounts, so they can see how "non-performing" the developers really are.
Well they would have access if the person was resident here for tax purposes. If non resident here for tax, only liable for tax on chargeable earnings etc made here.

Even if non resident, it would be interesting to see some of their Capital Gains Tax returns. I'd guess that losses made on land, property and share deals in Ireland will offset any gains made for many years to come.
 

toughbutfair

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May 28, 2009
Messages
9,788
They will still be paying tax on their Irish investmentes e.g. if they have Irish investment properties etc, the media won't mention this as they like to whip up the masses.

If somebody with loads of money decides to live abroad then why should Ireland get a chunk of their money every year until they die. We do not own them.

Can imagine the outcry if somebody Polish came here to work and refused to pay Irish tax as they were Polish.

If Quinlann lives in Switzerland his income will be taxed under Swiss rules and his Irish assets/income under Irish rules.

No big deal.
 

Anorakphobia

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Joined
Apr 13, 2007
Messages
911
Quinlan Does a Runner from Ireland

Sunday Times front page reporting that Derek Quinlan has moved his family lock stock and barrel to Switzerland permanently.

How many times have we had it rammed down our throats by his PR that Derek is a "ex senior tax official" as if to distance himself from the Mick Baileys of the World and to confer a sort of superior level of ethics and probity on him

Great he has finally put all that tax experience to good use!

No doubt all above board but sorry I find this repulsive.
 

joel

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May 3, 2007
Messages
810
Sunday Times front page reporting that Derek Quinlan has moved his family lock stock and barrel to Switzerland permanently.

How many times have we had it rammed down our throats by his PR that Derek is a "ex senior tax official" as if to distance himself from the Mick Baileys of the World and to confer a sort of superior level of ethics and probity on him

Great he has finally put all that tax experience to good use!

No doubt all above board but sorry I find this repulsive.

Done a Bono? Is he beyond the law?
 

goosebump

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May 23, 2008
Messages
4,953
It is time to stop this non resident crap.
Did it every occur to you that because of our involvement in tax treaties that there individuals *paying* tax in Ireland who otherwise would not be?
 

atlantic

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Joined
Jan 25, 2008
Messages
649
We should build big walls around Ireland and stop these successful people from leaving!!!
If they have businesses here they pay tax.If they have the mula to move and retire somewhere else,because the law allows it fairplay to them.
 

Anorakphobia

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Apr 13, 2007
Messages
911
This is odious.

While I have always found the kow towing to supposed patriot tax exiles like Magnier, Mc Manus and even more bizarrely Denis O' Brien a bit hard to take, Quinlan's two fingered salute given the ribbons his business is in and the likely massive bailout it will need from Irish taxpayers is nauseating.

This is the class of elite 30 years of FF under Haughey, Reynolds and Ahern has bred.
Run up billions in debts gambling then when the heat becomes too strong, hive it off on taxpayers and move your family to a life of luxury in Switzerland.

Says buckets about the calibre of our esteemed Revenue Commissioners as well that they can breed such a beaut as Quinlan. Remember how often we had Quinlan's past career as a "senior tax official" rammed down our throats as some sort of validation that his integrity and ethics were on a different plain to us mere mortals.
Tomorrow somewhere in Ireland a barely surviving tradesman in negative equity will have receipts for a breakfast roll and two doughnuts from 1998 examined by one of Quinlan's ex colleagues as Derek and his wife tour private Swiss finishing schools to enroll their kids.
 

Anorakphobia

Well-known member
Joined
Apr 13, 2007
Messages
911
We should build big walls around Ireland and stop these successful people from leaving!!!
If they have businesses here they pay tax.If they have the mula to move and retire somewhere else,because the law allows it fairplay to them.
"Successful"?

Are you kidding me, take a look a Quinlan's portfolio, as someone on the property pin remarked "he will need a whole floor of NAMA to himself"
 

Dios

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Joined
Jan 13, 2009
Messages
318
"Successful"?

Are you kidding me, take a look a Quinlan's portfolio, as someone on the property pin remarked "he will need a whole floor of NAMA to himself"
Heh, the pin isn't big on successful people any way you slice it. I thought he did more than construction, no?

Edit: Ah no, I was confusing him with Sean Quinn. Out with the pitchforks and torches so :D.
 

Question R24U

Active member
Joined
Oct 5, 2008
Messages
269
Done a Bono? Is he beyond the law?
Why would anyone with a brain pay taxes to the Irish government - they will only waste it on inflation beating social welfare increases, one-way public sector benchmarking, capital overruns and Nama. If I could get out I would.
 

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