Dutch sandwich en · NOUN
Etymology
The two Irish holding companies can be imagined as "bread", with the Netherlands company as a filling between them.
Meanings
- A form of tax avoidance, based on the Double Irish arrangement, in which revenues from income of sales of the products shipped by the second Irish company are first booked by a shell company in the Netherlands, taking advantage of generous tax laws there.
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| Dutch sandwiches | Number=Plur | lexicographic |