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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 385.99+1.6%Nov 12 4:00 PM EST

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To: Maurice Winn who wrote (68683)11/26/2010 2:27:59 AM
From: elmatador  Read Replies (3) of 217738
 
US companies have invested $165bn in Ireland, more than in Brazil, Russia, India and China put together.

Did they do this because the Irish are hyper-competitive?

No! They did to money launder.

US businesses urge Irish to keep low tax. Intel, Pfizer, and MSFT say Ireland must resist pressure from France and Germany to raise the rate, arguing that any move would send a damaging signal about the government’s commitment to favourable conditions for inward investment.

ft.com
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