Bono Likes to Preach but Hates Tax

| No TrackBacks

U2 racked up $389 million in gross ticket receipts, making Vertigo the second-most lucrative tour of all time, according to Billboard magazine. No.1 is the Rolling Stones' current tour, which by the end of 2006 had received $425 million.

Revenue from the Vertigo tour is funneled through companies that are mostly registered in Ireland and structured to minimize taxes. "U2 are arch-capitalists - arch-capitalists - but it looks as if they're not," says Jim Aiken, a music promoter who helped stage U2 concerts in Ireland during the 1980s and '90s.

Continue reading "Bono Likes to Preach but Hates Tax"

No TrackBacks

TrackBack URL: http://www.offshorenet.com/cgi-bin/on-mt/mt-tb.cgi/498

Newsletter

Invest Offshore 

Social Networks

Invest Offshore on FacebookOffshoreNet on Twitter
Invest Offshore on YouTubeSilicon Palms on MySpace

Archives

Invest Offshore

About this Entry

This page contains a single entry by Aaron A Day published on February 1, 2007 5:21 PM.

IFC NewsLinks was the previous entry in this blog.

7 Wonders of the Offshore World is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

Creative Commons License
This blog is licensed under a Creative Commons License.