There appears to be some dispute over whether or not Ireland is a tax haven. While officially the Irish government says no, a European Commission probe into multinationals based in the country would suggest otherwise. And it all comes down to what is known as the ‘double Irish’. Double Irish taking a big bite out of tax No, the ‘double Irish’ isn’t a large fried breakfast, but it is filling the coffers of some of the world’s largest multinationals. It’s is a tax avoidance strategy by which corporations shift income from a country with a higher tax rate to one…
Irish Hospitality: Tax Haven For Apple Inc. (AAPL), Google Inc (GOOG)
Kieran Ball
Kieran is a journalist and copywriter with a track record in excess of 15 years' in advertising, marketing and journalism. My work has appeared in TV, radio, press, online and almost every other conceivable medium. Kieran is based out of Ireland.