Section 110 vehicle: Difference between revisions

Jump to navigation Jump to search
no edit summary
No edit summary
No edit summary
Line 3: Line 3:
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]] ([[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.
[[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.
 
A lot more information from the JC’s big brother [https://en.wikipedia.org/wiki/Irish_Section_110_Special_Purpose_Vehicle_(SPV) here].


{{seealso}}
{{seealso}}
*[[Espievie]]
*[[Espievie]]
*[https://en.wikipedia.org/wiki/Irish_Section_110_Special_Purpose_Vehicle_(SPV) Section 110 companies on Wikipedia]

Navigation menu