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Hi - I am in Ireland, I enjoy writing short stories and occasional poems. Helium's a good medium for publishing to a wide audience.

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Politics, News & Issues > Economic News Why Ireland is getting a bad reputation for its low corporation tax rate

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The Republic of Ireland has been very successful at positioning itself as a low-tax location. The previous 10% manufacturing rate was somewhat vague and involved obscure transfer pricing and perhaps didn't lead to real or long-term job creation. However, the current 12.5% rate is robust and needs 'substance' behind the business - it can't be just a virtual company or brass plate and there are now transfer pricing rules in place. Multinationals do create employment now and also bring large amounts of treasury/capital into Ireland. Multinationals pay significant VAT ...

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