Dutch sandwich

noun

Etymology

The two Irish holding companies can be imagined as "bread", with the Netherlands company as a filling between them.

Definitions

  1. A form of tax avoidance, based on the Double Irish arrangement, in which revenues from…

    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.

The neighborhood

Vish — recursive loop

No curated loop yet for Dutch sandwich. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA