[wayn3]

obviously. but they are only in ireland because it fiscally makes sense. there is no real reason for facebook to maintain a presence in the EU any more than they have to have a Seoul office to offer facebook services in south korea.

[Markoff]

well for instance Paypal in Europe is in Luxembourg and I doubt it's for tax purposes

[wayn3]

In the case of paypal its not for tax purposes, but its still for money purposes.

Financial institutions tend to gravitate towards luxembourg. Favourable banking law and part of the EU etc.