President Barack Obama Last year he singled out Ireland for criticism, saying some US firms had “magically” become Irish through takeovers

Closing the “Double Irish” tax loophole was “more than overdue” and must be followed by further actions, one of the US Congress’s most vocal critics (...)

More than 70 US companies have shifted their tax domiciles to foreign addresses since 1983, mostly relocated their headquarters to Ireland, the UK, the Netherlands and Switzerland. Photograph: Reuters

The attraction of Ireland’s low-cost tax regime to American multinationals has again come under the spotlight in the US Congress after a new report fo(...)