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Sodexo (formerly Sodexho Alliance) is a French food services and facilities management company headquartered in the Paris suburb of Issy-les-Moulineaux. Sodexo is one of the world's largest multinational corporations, with 420,000 employees that represent 130 nationalities and are present on 34,000 sites in 80 countries. For fiscal year 2010 (ending August 2009) revenues reached 15.3 billion euros, with a market capitalization of 6.5 billion euros. Revenues by region represent 38% in North America, 37% in Continental Europe, 8% in the UK and Ireland, and 17% elsewhere. Sodexo serves many sectors, including private corporations, government agencies, schools from preschool through university (including seminaries and trade schools), hospitals and clinics, assisted-living facilities, military bases, and prisons. As of 2016 subsidiary Sodexo Justice Services operated support services in 122 prisons in eight countries, including 42 in the Netherlands, 34 in France, and others in Belgium, Italy, Spain, and Chile, as well as running 5 prisons directly in the UK.
George Iain Duncan Smith (born 9 April 1954), often referred to by his initials IDS, is a British Conservative Party politician. The Secretary of State for Work and Pensions from 2010 to 2016, he was previously the Leader of the Conservative Party and Leader of the Opposition from 2001 to 2003. He was first elected to Parliament at the 1992 general election as the MP for Chingford—which he represented until the constituency's abolition in 1997—and he has since represented its successor constituency of Chingford and Woodford Green. Duncan Smith was born in Edinburgh and served in the Scots Guards from 1975 to 1981, seeing tours in Northern Ireland and Rhodesia. He joined the Conservative Party in 1981, and eventually succeeded William Hague as Conservative Leader in 2001; he won the leadership election partly owing to the support of Margaret Thatcher for his Eurosceptic beliefs. Duncan Smith was the first Catholic to serve as a Conservative Leader, and the first to be born in Scotland since Arthur Balfour. In 2010, The Tablet named him one of Britain's most influential Catholics.
Recreation of the OECD Hierarchy of Taxes which is central to Irish tax policy. Source: Department of Finance (Ireland).Taxation in the Republic of Ireland in 2017 came from Personal Income taxes (40% of Exchequer Tax Revenues, or ETR), and Consumption taxes, being VAT (27% of ETR) and Excise and Customs duties (12% of ETR). Corporation taxes (16% of ETR) represents most of the balance (to 95% of ETR), but Ireland's Corporate Tax System (CT) is a central part of Ireland's economic model. Ireland summarises its taxation policy using the OECD's Hierarchy of Taxes pyramid (see graphic), which emphasises high corporate tax rates as the most harmful types of taxes where economic growth is the objective. The balance of Ireland's taxes are Property taxes (<3% of ETR, being Stamp duty and LPT) and Capital taxes (<3% of ETR, being CGT and CAT). An issue in comparing the Irish tax system to other economies is adjusting for the artificial inflation of Irish GDP by the base erosion and profit shifting (BEPS) tools of U.S. multinationals in Ireland.