Would you like to pay less tax? One way is to make a sandwich: specifically, a “double Irish with a Dutch sandwich.” Suppose you’re American. You set up a company in Bermuda and sell it the right to use your intellectual property, such as a brand name or a patent. Then that company sets up a subsidiary in Ireland. Now set up another company in Ireland. The second company finds a reason to bill your European operations for amounts resembling their profits. Now start a company in the Netherlands. Have your second Irish company send money to your Dutch company, which immediately sends it back to
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