Offshore tax havens - Liechtenstein on banks of the Thames

Back in 2009 Britain’s Liberal Democrat spokesman Matthew Oakeshott described Dublin as “Liechtenstein on the Liffey”.

He did so in response to the number of UK companies allegedly using the city as a gateway to offshore tax havens.

There then followed a series of allegations from the UK and the US that Ireland was not just a conduit for tax havens but one itself, culminating last December in the charity Oxfam comparing us with Bermuda and the Cayman Islands when it comes to helping big business dodge billions in tax.