Tax affairs of multinationals

Sir, – We have learned that hundreds of companies, including many Irish ones, have been avoiding tax via a loophole in Luxembourg ("Glanbia's €1bn Luxembourg move to cut its Irish tax bill", Front Page, November 6th). This scheme was operated when the present president of the European Commission was prime minister of Luxembourg. If all this tax was paid in Ireland then perhaps we would not need the penal tax regime we now have. As usual the "little people" pay their taxes here and the large companies don't. – Yours, etc,

SHAUN McCANN,

Dublin 8.