Sean Quinn concocted an elaborate miasma of companies, at least in part, to transfer ownership of hugely valuable property assets into the names of his children. Presumably this was done for tax reasons, at least in the initial stages.
Quinn Investments Sweden (QIS), a Swedish company, was the vehicle through which these property assets were owned. This company, in turn, created a myriad subsidiaries, including a number of Cypriot companies, which in turn held shares...
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