The Double Irish Arrangement is a tax strategy used by multinational corporations to reduce their overall tax liability by shifting profits to low or no-tax jurisdictions. This method typically involves two Irish companies, where one company holds the intellectual property rights and the other generates revenue, allowing profits to be funneled to a tax haven. This arrangement highlights the thin line between legal tax avoidance and illegal tax evasion, as it takes advantage of international tax laws without technically breaking them.
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