Friday October 30, 2020

Late rush to exploit Double Irish loophole

Hundreds of shelf companies being established ahead of looming deadline

22nd December, 2014

Hundreds of Irish shelf companies are set to be established in the coming weeks, as advisers and corporations seek to take advantage of a loophole in the legislation eliminating the notorious Double Irish tax structure.

Prominent tax experts said a legal loophole could endanger the reputational benefit the government has enjoyed since the abolition of the scheme in last month’s budget.

The Finance Bill, the piece of legislation which gives effect to the...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Related Stories

The state’s National Cyber Security Centre is constantly dealing with suspected attacks and urgently needs more resources

Michael Brennan | 1 month ago

We are far less reliant on the UK as a trading partner now than in previous decades — our focus needs to switch to the many challenges and opportunities of the future

Neale Richmond | 1 month ago

Covid-19 and an economic crisis are exacerbating the trauma of this month’s explosion, writes a Concern worker on the ground

Dom Hunt | 2 months ago