Ireland’s Tax Haven Economy Isn’t Delivering for Its People

“The Irish legal system allowed companies to pay their taxes overseas if their central decisions were made abroad. All the company had to do was funnel profits from the tax-compliant Irish business to the one registered overseas — usually in a state where corporate tax rates were close to zero. This so-called “Double Irish” maneuver was one of the world’s most successful tax avoidance schemes, sheltering up to a trillion dollars for major US TNCs.”