Double Irish loophole is closed off by the state
The government has closed off a controversial back door into the notorious Double Irish corporate tax avoidance scheme, which was first revealed by The Sunday Business Post last month.
The move will scupper plans hatched by leading Dublin law firms to register hundreds of shelf companies, which under the original finance bill could have been sold to firms eager to take advantage of the Double Irish after the January 1, 2015 cut-off date for new entrants.
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month, €19.99 Monthly thereafter
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team
Susan O’Keeffe: The state is still failing mother and baby homes victims
Instead of doubling its efforts to make up for past sins, the state is doubling down to avoid the practical consequences of those acts of cruelty and degradation against thousands of babies
Comment: Taking data as certain can lead to dangerous decisions
As economists and policymakers increasingly rely on data-based machine-learning and AI systems, we must be clear about its limitations
James O’Connor: Ireland could turn a higher rate of corporate tax into a win-win
The global tax regime is changing and we face losing out significantly if we do not consider a new approach to our competitiveness
Michael Brennan: Acid test of Greens’ peace deal will be what happens in Dublin Bay South
Hazel Chu insists there is ‘no squabble’ with Eamon Ryan, the Green Party leader, but time and the next general election will tell