Paschal Donohoe says Government will examine ‘Single Malt’ loophole

Minister says it is ‘absolutely not’ intention to create tax planning opportunities

Paschal Donohoe: the Minister says the Government will examine the use of the so-called “Single Malt” tax structure that is being used by large multinationals to reduce their tax bill. Photograph: Gareth Chaney / Collins

Paschal Donohoe: the Minister says the Government will examine the use of the so-called “Single Malt” tax structure that is being used by large multinationals to reduce their tax bill. Photograph: Gareth Chaney / Collins

The Government is to examine the use of the so-called “Single Malt” tax structure that is being used by large multinationals to reduce their tax bill, the Minister for Finance has said.

Speaking in Washington where he is meeting US officials to discuss trade and tax matters, Paschal Donohoe confirmed that certain companies were using the tax structure as a tax-avoidance measure since the abolition of the “Double Irish”.

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