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by patrickk 4273 days ago
> If you want to avoid paying a lot of taxes, build a multinational and set up tax avoidance schemes like the Double Irish with a Dutch sandwich.

It's probably cheaper to simply pay Irish corp. tax (12.5%) for all but the biggest companies. You have to setup 2 Irish companies, a Dutch company and a Caribbean-based company, a battalion of tax lawyers and advisers to exploit the loophole legally....etc