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mikepurvis 5 days ago

Is that still going on? I was just reading about it in the Sarah Wynn-Williams book and it sounded like the EU was cracking down on it and bunch of execs were making backroom deals at Davos in the late 2010s to try to get extensions and sweetheart deals of various kinds.

EDIT: Sigh, yeah looks like the famous Double Irish loophole closed in 2020, but there's another scheme that's come up since 2021: https://en.wikipedia.org/wiki/Double_Irish_arrangement

extraduder_ire 5 days ago | parent [-]

Ireland's been party to the GMCT agreement[0] since the end of 2023, so singling us out doesn’t make much sense anymore. Earlier this year the US withdrew from it, which complicates matters.

Run of the mill tax avoidance strategies continue worldwide.

0: https://en.wikipedia.org/wiki/Global_minimum_corporate_tax_r...