Bono also addressed criticism that the move contradicts his history of charity work. He insisted: "Because you're good at philanthropy and because I am an activist people think you should be stupid in business and I don't run with that." The Edge added, "So much of our business is outside of Ireland so it is ridiculous to make a big deal out of it."

Source: NME News Bono on tax

I get why people like to argue about what a rich person does with their money - but when we have almost no idea of where their money is spent and what percentage of it is given away, why bother wasting time on it?

Bono on Tax Evasion and Business Smarts