Caporegime
They have a lot of corporations but not a lot of high-skilled jobs as a result of their policy. Most of the corporations there don't really do much other than handle the accounts - I think it's Apple where the head of their EU office in Dublin actually reports to the head of the Apple UK office, where all the highly-skilled work in Europe is done. We shouldn't have let them get away with this for so long but we did, so more fool us.US companies keep their profits offshore and do not pay dividends in order to avoid US corporation tax @ 35%, look at Apple and its cash mountain for an example. Ireland, on the other hand, has low corporate taxation and a lot of high-skilled jobs as companies put their EU HQ's in Cork and Dublin.