Its has very little to do with the tax rate (although the low corp rate does help) it is to do with arbitraging tax law that effectively makes all profits in th

Its has very little to do with the tax rate (although the low corp rate does help) it is to do with arbitraging tax law that effectively makes all profits in the EU bar those made in Ireland untaxed. Just to be clear, it is not that all EU profits are getting taxed at Ireland rates, it is that almost all EU profits are not being taxed at all.