"Was it totally fair? Probably not."

One of the most successful rock groups on the planet, U2's fame has brought the Irish band enormous attention.

As a result, the group's highly public - and highly controversial - 2006 decision to shift parts of U2 Ltd. from Ireland to the Netherlands has resulted in huge speculation.

At the band's Glastonbury set in 2011 protestors made their voice known, with scuffles breaking out between security guards and some of the people present.

Speaking to the Observer, U2 mused on this. The Edge seemed to have some regrets, stating: "Was it totally fair? Probably not. The perception is a gross distortion. We do pay a lot of tax. But if I was them I probably would have done the same, so it goes with the territory."

Bono, though, was rather more defensive. "All of our stuff is out in the open" he stated. "How did people find out about it? Because it’s published. The sneakiness is when you don’t even know what’s going on."

Continuing, the singer reflected on Ireland's corporation friendly tax laws. "Look, Ireland is not going to back down on this," he explained. "We are a tiny little country, we don’t have scale, and our version of scale is to be innovative and to be clever, and tax competitiveness has brought our country the only prosperity we’ve known. That’s how we got these (tech) companies here. Little countries, we don’t have natural resources, we have to be able to attract people. We’ve been through the 50s and the 60s, and mass haemorrhaging of our population all over the world. There are more hospitals and firemen and teachers because of (Ireland’s tax) policy."

Check out the full interview HERE.

Related: The Cost Of Free Content, Or: The New U2 Album Is A Bit Pants, Isn't It?

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