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by gerbler
1767 days ago
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Also it is (and was) the only English speaking country in the eurozone. Tax was a huge factor in drawing some of the big names but the double-Irish (the worst aspect of tax avoidance) had been phased out. Corporate tax is 12.5% which is lower than the majority of EU countries [1] but the existing ecosystem of companies has also helped create an attractive labour pool. If it's purely tax everyone would move to Hungary (9%). 1: https://taxfoundation.org/2021-corporate-tax-rates-in-europe... |
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