EU inquiry puts halt to multinational tax reform

The 'double Irish' is set for a stay of execution, because if the government ended it now it would look like an admission of guilt, writes Ian Kehoe.

Ian Kehoe - avatar

Ian Kehoe

14th September, 2013
Google's European headquarters on Barrow Street in Dublin 4. Photo: Bloomberg

Perception matters. For the past few months, officials in the Department of Finance have been quietly examining options to phase out the so called "Double Irish", the controversial tax arrangement that allows multinationals to wipe billions off their tax bill by funnelling profits through two Irish-linked subsidiaries.

The review was a response to growing international hostility to Ireland's intimate relationship with multinational corporations. The industry was being quietly sounded out; a statement of intent was...

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 6 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 6 years ago