The “Double Irish” is a creative accounting technique that legally allows companies to reduce their overseas tax burden. David Dennis For years now, Google, Facebook, and many other (mostly tech) companies have used a quirky Irish tax law arrangement that allows organizations to incorporate in Ireland but legally route money through other jurisdictions. It’s all done in the name of drastically reducing tax burdens. Google in particular has recently expanded its use of the practice, which has come to be known as the “Double Irish.” The company moved nearly $12 billion in 2012 alone, saving billions in taxes. How did this system come to be? According to a new feature by Bloomberg’s Jesse Drucker, one of the world’s leading experts on these international tax shenanigans, Ireland’s “grand architect” of taxation is none other than a highly politically connected Irish financial consultant named Feargal O’Rourke. 0     

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