 In July 2018, Coffey posted that Ireland could see a "boom" in the "onshoring" of U.S. IP, via the CAIA BEPS tool, between now and 2020, when the Double Irish is fully closed.In May 2019, it was reported Microsoft moved $52.8bn of IP assets to Ireland.In January 2020, the "Irish Times" speculated that Google Inc., was also considering using the CAIA BEPS tool.