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Section 110 vehicle: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "An Irish Section 110 special purpose vehicle is an Irish tax resident company designed for use in securitisation transactions, which qualifies under Section 110 of...") |
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This means it is a common Irish [[espievie]]. | This means it is a common Irish [[espievie]]. | ||
Section 110 was created to help International Financial Services Centre ( | [[Section 110]] was created to help [[International Financial Services Centre]] ([[IFSC]]) legal and accounting firms compete for the administration of global securitisation deals. They are the core of the IFSC structured finance regime.[1] and the largest SPVs in EU securitisation[2] Section 110 [[SPV]]s have made the IFSC the fourth largest global shadow banking centre.[3] They pay no Irish taxes, but contribute around €100m annually to the Irish economy in fees paid to IFSC legal and accounting firms. | ||
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*[[Espievie]] | |||