'Double Irish' on menu as Web Summit continues
The impact of ending the 'Double Irish' tax measure will be among the main talking points at the second day of the Web Summit which kicks off today.
Apple’s former CEO said Ireland risks losing its edge by closing the loophole - while a Twitter executive said the changes wouldn't affect investment here.
Over 20,000 people will once again attend the event at Dublin’s RDS - which was overshadowed by WiFi problems yesterday.
The Government’s decision to end the 'Double Irish' tax loophole for multinationals was one of the key issues hanging over this year’s Web Summit - and we’re likely to hear more about its impact - when bosses from some of the world’s biggest online companies return to the RDS this morning.
Yesterday, Former Apple CEO John Sculley said Ireland’s “edge” in attracting tech companies was now at risk - but Twitter’s revenue chief Adam Bain said phasing out the measure wouldn’t affect investment.
Meanwhile tech experts will also discuss the way forward for wearable tech like watches and heart monitors, with international sports stars Rio Ferdinand and Tony Hawk among today’s speakers. The producer of Netflix' House of Cards will discuss whether television can survive the digital era.
WiFi problems may have taken much of the Web out of the Web Summit yesterday - but organisers say they hope the problems have now been dealt with.
