Accenture plc is a US multinational professional services company headquartered in Dublin for tax reasons, specializing in information technology (IT) services and consulting. A Fortune Global 500 company, it reported revenues of $64.1 billion in 2023. Accenture's current clients include 91 of the Fortune Global 100 and more than three-quarters of the Fortune Global 500. As of 2022, Accenture is considered the largest consulting firm in the world by number of employees.
Headquarters at 1 Grand Canal Square, Dublin
Accenture's banner hanging on the New York Stock Exchange Building for its initial public offering on 19 July 2001.
Corporation tax in the Republic of Ireland
Ireland's Corporate Tax System is a central component of Ireland's economy. In 2016–17, foreign firms paid 80% of Irish corporate tax, employed 25% of the Irish labour force, and created 57% of Irish OECD non-farm value-add. As of 2017, 25 of the top 50 Irish firms were U.S.–controlled businesses, representing 70% of the revenue of the top 50 Irish firms. By 2018, Ireland had received the most U.S. § Corporate tax inversions in history, and Apple was over one–fifth of Irish GDP. Academics rank Ireland as the largest tax haven; larger than the Caribbean tax haven system.
Former Finance Minister, Charlie McCreevy, reduced Irish corporate tax from 32% to 12.5% in the 1999 Finance Act, and whose 1997 Tax and Consolidation Act laid the framework for Ireland's BEPS tax tools.
Ireland is ranked as one of the largest global Conduit OFCs in terms of connections to corporate tax havens, the largest global Tax Haven in terms of quantum of profits shielded, and the 3rd-largest global Shadow Banking OFC.
Irish Corporation Tax as a % Irish Exchequer Tax has between 10% and 16% of Total Irish Tax. Source: Department of Finance (Ireland)
Effect of Ireland's Corporate Tax system on Ireland's relative GNI-per-capita to the EU average
