Analysis: ‘Inversions’ again haunt Ireland’s tax regime

When Finance Minister Michael Noonan took action at the end of 2014 to abolish the much-maligned ‘double Irish’ tax loophole, he said it would give certainty to investors in relation to the country’s tax arrangements.

The measures announced to the Dáil as part of his budget speech would “attract and retain” companies, he predicted.

On both fronts he appears to have been proven correct.