Well, that's probably because companies make so much "intellectual property" in Ireland, which they then have to pay licensing fees to their Irish subsidiaries to use.
I am being a little sarcastic. This is a description of a standard tax-avoidance scheme.
My point, ultimately, is that I suspect Ireland's numbers are inflated by its status as a tax haven for multinationals.
I am being a little sarcastic. This is a description of a standard tax-avoidance scheme.
My point, ultimately, is that I suspect Ireland's numbers are inflated by its status as a tax haven for multinationals.