What's in the Sunday Papers ?

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O’Brien

Business tycoon Denis O’Brien moved the tax residency of a company that owns the debt of the Beacon Hospital, Dublin, to Luxembourg in 2016, it has emerged. This followed a government decision to close a loophole that let vulture funds avoid tax on profits earned in Ireland.

The Luxembourg move means O’Brien’s company pays its tax there, although it earned almost €8m in one year from its Beacon arrangement.

https://www.thetimes.co.uk/article/5...f-fe8589823fc3

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