Ireland’s favourable corporate tax regime and its position within the eurozone makes it a favourite for UK companies wishing to reduce their heavy tax burdens. Kathleen Garrett and Stephen Hegarty report
Many large UK corporate groups, such as Shire, UBM, Henderson Group, Charter, Regus, Brit Insurance, Hiscox and WPP to name but a few, have recently migrated their tax domicile to more tax favourable jurisdictions. Many corporate groups with a parent company incorporated in Bermuda or the Cayman Islands have also migrated to other jurisdictions in recent times to avoid suggestions that they are associated with tax havens.
