Ireland To Abolish “Double Irish” Tax Scheme

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Ireland To Abolish “Double Irish” Tax Scheme
Image source: Pixabay

Ireland’s finance minister Michael Noonan sounded the death knell for the controversial “Double Irish” tax scheme as the scheme will no longer be available to companies establishing operations in Ireland from January 2015.

The G20 group of powerful economies has commissioned the Organization for Economic Cooperation and Development to produce a package of tax reforms to rein in multinationals.

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