I've wondered why Ireland has seen quite a bit of economic growth in recent years, especially in the information technology industry. I think I found out why. They're corporate tax rate is really low, 12.5%.
"The overall tax burden in Ireland is the lowest among all other EU member states. A focus of Ireland's strategy to attract investment is to create a favourable economic and fiscal environment which is supportive of industry. This is evidenced by various investment incentives which are in place, creating a unique business opportunity in Ireland."
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