OECD says end of 'double Irish' loophole creates 'level playing field'

The Organisation for Economic Co-operation and Development (OECD) has welcomed the government’s decision to abolish the controversial ‘double Irish’ tax loophole.

15th October, 2014
Finance Minister Michael Noonan

The Organisation for Economic Co-operation and Development (OECD) has welcomed the government’s decision to abolish the controversial ‘double Irish’ tax loophole.

Finance Minister Michael Noonan said yesterday that the scheme would be ended for new entrants and phased out over six years for companies already based in Ireland.

Speaking on RTE's Morning Ireland, Pascal Saint-Amans, director for the OECD’s Centre for Tax Policy and Administration, said that the measure would create...

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