Examples of 'double irish' in a sentence
Meaning of "double irish"
Double Irish is a tax avoidance strategy used by multinational corporations to lower their corporate tax liability. It involves creating two Irish corporate entities, with one entity holding the intellectual property rights and licensing it to the other entity. This allows the corporation to funnel profits through the subsidiary with the intellectual property, thereby taking advantage of Ireland's low tax rates. The phrase is used in the context of corporate tax planning and international tax avoidance
How to use "double irish" in a sentence
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double irish
I ended up with a double irish chain.
A double Irish or an Dutch sandwich are not items on the menu of a European café.
And thats where they get the start of the double irish arrangement.
The Double Irish fixes this problem.
This is the essence of the Double Irish arrangement.
The Double Irish allows companies to shift their profits from high-tax countries to havens.
You may be aware of the double Irish and the Dutch sandwich.
You want ice with that, sir? A double Irish.
Apple did not follow the traditional Double Irish structure of using two separate Irish companies.
Major companies known to employ the Double Irish strategy are,.
Base erosion and profit shifting Double Irish arrangement Corporate tax haven Ireland as a tax haven.
That tax trick has a name, the Double Irish with a Dutch Sandwich.
