How Ireland may have helped Apple cut its tax bill a second time

Changes to tax rules around intellectual property could have saved tech giant billions

The International Consortium of Investigative Journalists (ICIJ), use the example of fictional fast food chain, Snax Haven, in explaining how off shore tax avoidance systems work. Video: ICIJ

The tax residency of the three Irish-incorporated Apple subsidiaries that have led to Ireland’s €13 billion State aid dispute with the European Commission can now be revealed for the first time.

Documents in the Paradise Papers show that two of the subsidiaries took up residency in Jersey in December 2014, and an informed source has confirmed to The Irish Times that the third of the controversial subsidiaries is now tax resident in the Republic.

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