definition of double Irish (with a) Dutch sandwich
a technique used by a company in order to minimise the tax it has to pay. It involves using an Irish, a Dutch, and another Irish subsidiary company
The arrangement is known as a "Double Irish Dutch sandwich": the Irish-registered entity cuts its taxable profit by paying a Dutch affiliate, which pays a subsidiary in a tax haven. Using a Dutch affiliate means withholding taxes don't have to be paid.
Submitted on 25/03/2013 22:33:00