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Tag: avoidance

Ireland Signs On To World Deal Seeking To Curb Tax Avoidance

November 30, 2022 deepika

Ireland’s diversification into full tax haven instruments (e.g. QIAIF, L–QIAIF, and ICAV), has seen tax-law firms, and offshore magic circle firms, arrange Irish offices to deal with Brexit-driven tax restructuring. These instruments made Ireland the world’s third largest Shadow Banking OFC, and fifth largest Conduit OFC. That’s the quantity governments lose in corporate tax to tax havens every year, based.. Read more