[disgruntledphd2]

The Irish part is there to allow it to funnel EU profits, and ireland allows for countries to be registered there, but not tax-resident.

Interestingly enough though, almost all of the zero tax places are British Crown dependencies, so presumably the UK government could exert pressure on them, if it really wanted to.

[billyruffian]

Again, for clarity, the Crown Dependencies are the Isle of Man and the Channel Islands. Bermuda is a BTO.

Bermuda has been self-governing since 1620. Britain has very little in the way of exerting any pressure on them short of imposing direct rule (which it seems to have done only twice: on Anguilla in 1968 after it was invaded and only partially on the Turks and Caicos in 2009-2012 due to systematic corruption).

EDIT: punctuation

[nivenkos]

Why haven't Germany, France, etc. pressured Ireland to stop this?

[disgruntledphd2]

They've been trying for a while. Ultimately, taxation is a national prerogative, and requires unanimity in Council, so it's unlikely to change any time soon.