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Actually it turns out corporations pay more tax in Ireland than they do in countries like France or Canada: http://businessetc.thejournal.ie/ireland-tax-haven-1796050-N...

If one can get rid of the large amount of work that goes into preparing taxes, many companies would prefer a simpler system as opposed to one riddled with loopholes for things like propane and natural gas tax breaks for mint farms; I am looking at you Washington!

Corporation tax is low at 12.5% which is probably what the parent is referring to.

The Double Irish is being phased out slowly. Here's a NY Times article: http://www.nytimes.com/2014/10/15/business/international/ire...

This got announced at the last government budget - I could not make any claims about the economic repercussions one way or the other.