► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs

Ireland has announced it will be closing the so-called 'Double Irish' corporate tax loophole. Seb Morton-Clark looks at what the structure has done for Ireland and what likely impact its closure will have.

Read the global perspective on world events
http://www.ft.com/world

Click here for more FT World videos
http://video.ft.com/Ft-World

For more video content from the Financial Times, visit http://www.FT.com/video

Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes