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A legal tax dodge also called the Double Irish. Profits are sent to Ireland which has a high tax rate. But, Ireland doesn't tax some payments made to other EU states, so the money is sent to a shell in the Netherlands. The Dutch have very low tax laws, so it is home free. The money is then routed to an Irish-owned subsidieary in Bermuda which is why it is called Double Irish. The corporation has only paid 0.2% of taxes in this process. What a deal!
Google made billions of dollars on it's overseas investments but used the Dutch Sandwich to pay a total of 2.5% in taxes on the profits!
by CrazyManNo9B December 28, 2010
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Sep 11 Word of the Day
when you're hungover as shit after a spending a night drunk as a skunk
I'm hungover as a duck let's go get some grub
by pokeythepony June 25, 2021
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2
The act of have a sex sandwich with a mother and daughter who's combined weight is over 400 lbs
Chris ordered up a dutch sandwich after Sean left for work.
by Jeanette February 16, 2004
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