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Thread: Rat, Ship, Sinking: Quinlan moves to Switzerland

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    Default Rat, Ship, Sinking: Quinlan moves to Switzerland

    Derek Quinlan quits Ireland for Switzerland - Times Online

    The former gamekeeper turned poacher has now moved offshore to avoid paying any Irish tax. But of course our rules are so loose that he can still maintain a permament prescence hre, and tell his former colleagues that he's not liable.

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    Politics.ie Member Nipper's Avatar
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    "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 by Nipper; 16th August 2009 at 09:58 AM.

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    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.

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    Politics.ie Member greengoose2's Avatar
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    Just shows how discerning the man is. Having lived for many years in Switzerland I can attest that Lausanne is only gorgeous. Maybe he'll pay some tax there...

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    Politics.ie Member Supermanpolitician's Avatar
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    Quote Originally Posted by Nipper View Post
    "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.

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    Quote Originally Posted by DCon View Post
    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.

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    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.

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    Politics.ie Member greengoose2's Avatar
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    Quote Originally Posted by toughbutfair View Post
    If Quinlann lives in Switzerland his income will be taxed under Swiss rules and his Irish assets/income under Irish rules.

    No big deal.
    Precisely! And while we are at it we might ask ourselves why these people decide to live in places like Switzerland. I could give some very good reasons...

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    Default 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.

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    Quote Originally Posted by Anorakphobia View Post
    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?

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