Logo
DiS Needs You: Save our site »
  • Logo_home2
  • Records
  • In Depth
  • In Photos
  • Blog
  • Podcast
  • Search
  • Community
  • Records
  • In Depth
  • Blog
  • Community

THIS SITE HAS BEEN ARCHIVED AND CLOSED.

Please join the conversation over on our new forums »

If you really want to read this, try using The Internet Archive.

Boards

Music Social More…

Bono: dunno if somebody has mentioned this already

JacobJones [Edit] [Delete] 10:17, 18 October '06

http://hurryupharry.bloghouse.net/archives/2006/10/18/let_me_tell_you_how_it_will_be.php

Bono, lead singer of Irish band U2, has a history of telling governments how they should spend tax revenue:

"At a concert last year in Croke Park, Dublin's biggest stadium, Bono appealed to Prime Minister Bertie Ahern to raise overseas aid to 0.7 percent of gross national product by 2007 from 0.5 percent now."

Fair enough. But with hislatest tax move Bono is essentially saying only the little people need contribute their share.

After Ireland said it would scrap a break that lets musicians and artists avoid paying taxes on royalties, Bono and his U2 bandmates earlier this year moved their music publishing company to the Netherlands. The Dublin group, which Forbes estimates earned $110 million in 2005, will pay about 5 percent tax on their royalties, less than half the Irish rate.

arse?


Drowned in Sound
  • DROWNED IN SOUND
  • HOME
  • SITE MAP
  • NEWS
  • IN DEPTH
  • IN PHOTOS
  • RECORDS
  • RECOMMENDED RECORDS
  • ALBUMS OF THE YEAR
  • FESTIVAL COVERAGE
  • COMMUNITY
  • MUSIC FORUM
  • SOCIAL BOARD
  • REPORT ERRORS
  • CONTACT US
  • JOIN OUR MAILING LIST
  • FOLLOW DiS
  • GOOGLE+
  • FACEBOOK
  • TWITTER
  • SHUFFLER
  • TUMBLR
  • YOUTUBE
  • RSS FEED
  • RSS EMAIL SUBSCRIBE
  • MISC
  • TERM OF USE
  • PRIVACY
  • ADVERTISING
  • OUR WIKIPEDIA
© 2000-2025 DROWNED IN SOUND