Friday June 5, 2020

Irish tax exiles keep their distance

Thirty-six of the country’s wealthiest tycoons are now non-resident for tax purposes

29th June, 2018
Monaco is a poplar destination for tax exiles. Photo: Getty

Some choose Monaco. Others Gibraltar. A few go the Caribbean or the Channel Islands. However, according to the Irish tax authority, nearly all of the country’s wealthiest tax exiles retain professional advisers to ensure they have sufficient evidence to prove they are not in breach of restrictions limiting the number of days they can spend in Ireland.

New Revenue documents state that the authority has found no evidence that any high net worth...

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