That's primarily due to EU politics and support.
It is, however, economically nowhere even close to France or Germany, no matter how large you think the "tech job" market there is [0].
> If any one of our EU or the other non EU countries were really dissatisfied with Ireland, they have the right to withdraw at any time.
Who should withdraw from what?
[0] For the facts regarding economic strength, read this document by the central bank of Ireland. https://www.centralbank.ie/docs/default-source/publications/...
Germany has 20x our population, France is not far off it. Neither has anything close to the job market per capita in the IT and Services sector that Ireland has.
As for us dragging ourselves up, that has more to with our special relationship with the US. The EU were initially helpful with infrastructural development, access to a Common Market, and to drag us out of the Vatican Law era, but we gave up a huge amount of fishing rights to do so - massively enriching spain, portugal and france who had overfished their own waters. Note also we're not part of Schengen, but maintain a CTA (Common Travel Area) with the UK.
Eventually the EU took the legs out from under us in 2008 and forced us at gunpoint to bail out unsecured german bondholders to maintain the integrity of the Euro and prevent a contagion run on German Banks.
Irelands FDI sector was highly developed in the late 80s and combined with entities like Enterprise Ireland - ranked first in the world of venture capital investors by deal count in 2020 - hammered home the advantage via our highly-educated English speaking workforce and relatively low cost of living. Even now the number of investments completed by Enterprise Ireland was 42% more than its nearest competitor, French sovereign wealth fund Bpifrance.
> Germany has 20x our population, France is not far off it. Neither has anything close to the job market per capita in the IT and Services sector that Ireland has.
If you say so. And yet those employees are payed less.
These jobs exist because Ireland gave US companies large tax breaks and because it is an English-speaking country. Otherwise they would perhaps been based in the UK before Brexit.
It's good that Ireland attracts business, but encouraging tax dodging is not the way and this particular judgement is an opportunity to acknowledge this.
The commission has caved to political pressure and has fabricated a state aid case. The original general court ruling was unequivocal.
This ruling has been overturned by the ECJ - absolutely shamefully; with the entirety of their case is that Apple, and Apple alone were the beneficiary of state aid. That is demonstrably untrue.
Shouldn't they then keep their low-tax environment so that they can catch up to the rest of Europe ;)
That is completely wrong on multiple levels.
- You’re likely thinking of the double taxation treaties that follow the OECD model convention. These hardly get refreshed every 7 years. The German/Irish one is from 1962, the French/Irish one is from 1966, and the UK/Irish one from 1976. - The OECD’s BEPS multilateral tax treaty has now 85 state parties, including Ireland - There are other example of multilateral tax treaties, e.g. the Nordic countries have a multilateral double taxation treaty - There’s plenty of EU legislation around taxation covering predominantly VAT and excise duties bit also such details as the tax treatment of moving personal property between member countries or how royalty payments between associated companies are treated
OECD BEPs isn't a tax treaty per se, its a Multilateral Convention to Implement Tax Treaty Related Measures.
Re: the Nordic treaty, Norway and Iceland aren't in the EU.
> The German/Irish one is from 1962
Correct. Here's the 1962 version https://www.revenue.ie/en/tax-professionals/documents/double...
and here are the last three UPDATED versions
https://www.revenue.ie/en/tax-professionals/documents/double...
https://www.revenue.ie/en/tax-professionals/documents/double...
https://www.revenue.ie/en/tax-professionals/documents/double...
Rather than competing and reducing their tax rates countries like France prefer to moan, as politically they can’t be seen to favour big bad businesses.
This of course was no problem with the EEC where Germany, France and the other ex-colonial powers made out like bandits selling their coal and steel to Ireland and the CT being paid there.
Enter an English-language dominated SaaS economy from the 90s and they got caught out as they were more interested in domestic economic protectionism than dealing with the realities of a paradigm shift towards tech. We pivoted completely to an information economy and service based economy from a predominately agrarian one. Now have a look at the tech job market in 2024 in Dublin versus Paris, Frankfurt, Berlin, Barcelona etc..
If any one of our EU or the other non EU countries were really dissatisfied with Ireland, they have the right to withdraw at any time.