Budget 2015: Multinationals: It strikes me as a sensible, strategic sacrificial lamb'

The scrapping of the Double Irish has largely been met with a shrug by the US business community, writes Niall Stanage in Washington DC

19th October, 2014

The abolition of the so-called Double Irish was big news for the business community in the United States. Yet, at the same time, it was met with the equivalent of a smirk and a shrug of the shoulders.

The Double Irish had attracted increasing attention in the US in recent years, as it became known that huge American corporations such as Google, Facebook and Microsoft had availed of it or its variants.

But the fact...

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