May be few new Rockefellers will born here at the begginning of Irish oil industry.
An interesting discussion on the new tax regime and offshore Ireland in general on Irish Radio today [link]
Perhaps the tax increase could be seen in a light at suggests the government know there is going to be some actively in Irish offshore. Perhaps something was mentioned when the India Prime Minister made a quick visit to Ireland last month. Wishful thinking I know.
So, nobody here know the real reason for that raise
This has to be more than the tax regime change - I don't think this makes PVR more attractive, it just makes new licenses less attractive.
after new tax regime. more and more people and companies will see--no much sense do something at Irish waters without PR
Henderson were at 8.08 percent and now at 7.99 percent
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