Luck of the Irish Puts All Europeans in Danger
Global internet companies move to Ireland for many reasons. For one it has some of the EUs lowest corporate tax-rates and all kinds of legal tricks to lower them even further. Ireland benefits immensely from these companies. Apple recently won an appeal against the European commission that would have forced it to pay Ireland almost 13€billion in back taxes. What was so bizarre about this ruling is that Ireland was very happy to have lost this windfall, because it makes more money by companies moving to its jurisdiction with the knowledge that they will save billions in taxes. Equally, it boasts a well-educated English-speaking population and one unbeatable advantage, the Irish Data Protection Commission (IDPC).