News that The Labour Court in Ireland has recommended that Tesco’s Irish business pay staff their 2015 bonuses despite the retailer saying that it is not in a position to do so given its weak trading performance in the country, could have unintended consequences:
• If Tesco decide to fight this recommendation, in open court, they may be forced to divulge local profit margins…
• …with the inevitable knock-on impact in terms of putting other retailers' profitability in the spotlight
• …all in a local environment that is being increasingly subjected to corporate tax scrutiny by the US and EU…
• If Tesco decide to fight this recommendation, in open court, they may be forced to divulge local profit margins…
• …with the inevitable knock-on impact in terms of putting other retailers' profitability in the spotlight
• …all in a local environment that is being increasingly subjected to corporate tax scrutiny by the US and EU…
