Double Irish loophole is closed off by the state

The government has closed off a controversial back door into the notorious Double Irish corporate tax avoidance scheme, which was first revealed by The Sunday Business Post last month.

The move will scupper plans hatched by leading Dublin law firms to register hundreds of shelf companies, which under the original finance bill could have been sold to firms eager to take advantage of the Double Irish after the January 1, 2015 cut-off date ...