A range of U.S. businesses store intellectual property in Ireland due to a favorable business environment built on low corporate taxes. Examples are common in the technology and pharmaceutical industries. In recent years, a global push to establish minimum corporate tax rates led Ireland to revise its codes. But loopholes remain, urging officials in the U.S. to re-examine this long-standing relationship.
Chapters:
00:00 Introduction
01:29 Chapter 1: Intellectual property
04:15 Chapter 2: The double Irish
07:00 Chapter 3: Corporate tax revenue
08:13 Chapter 4: Tax policy
Produced and Edited by: Carlos Waters
Additional Editing by: Andrea Miller
Senior Director of Video: Lindsey Jacobson
Graphics: Jason Reginato, Andrea Schmitz
Additional footage: Getty Images
Additional sources: European Commission, Hawksford, Hofstra University, KBKG, Intuit TurboTax, Peterson Institute for International Economics, Tax Policy Center
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How Companies From Apple To Pfizer Use Ireland To Dodge Taxes
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