Tax games of phantom firms

First we had ghost estates, now Ireland's ghost companies are part of a global process making thousands of jobs vanish into thin air, writes David McWilliams.

4th May, 2014
The ghost company may well have board meetings here. But, in essence, it is no more domiciled here than it is in Timbuktu.

Years ago, in 2006, this column coined the expression ghost estates' after a drive from Castlebar to Dublin, where I saw row after row of these estates being built outside provincial villages. That year, over 90,000 houses were built in Ireland. I had no idea that this expression ''ghost estate would find its way into the sorry lexicon of the era, but it did.

I wonder will the notion of ghost companies' have the same ring to...

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