dutch sandwich
Word Rarity
Rare
Frequency: Zipf frequency 3.95 in modern English
28
Scrabble Score
13
Letters
2
Syllables
10
Unique Chars
Meaning
noun
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.
Etymology
The two Irish holding companies can be imagined as "bread", with the Netherlands company as a filling between them.