Dutch-sandwich Definition

noun

(finance) A form of tax avoidance, based on the Double Irish arrangement, in which revenues from income of sales of the products shipped by the second Irish company are first booked by a shell company in the Netherlands, taking advantage of generous tax laws there.

Wiktionary

Other Word Forms of Dutch-sandwich

Noun

Singular:
dutch-sandwich
Plural:
dutch-sandwiches

Origin of Dutch-sandwich

  • The two Irish holding companies can be imagined as "bread", with the Netherlands company as a filling between them.

    From Wiktionary

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dutch-sandwich