DaithaiC
: "RS @DaithaiC In common with others U2 have taken advantage of an extraordinary tax break introduced by Charles Haughey when he was Finance Minister which exempted royalties earned abroad from creative writing from income tax. Now this was originally intended to get writers to settle in Ireland and encourage native talent but it has been availed of by film directors, script writers and pop musicians all of whom structure their tax affairs to take the bulk of their income in royalties."