Financial Times FT.com

Ireland’s low levy continues to woo business

By John Murray Brown

Published: April 15 2008 15:02 | Last updated: April 16 2008 02:44

Ireland has long been a good place to be tax resident, whether it is for the treatment of Bono’s royalties or the level of corporate tax paid by big business.

It’s a curiosity of globalisation that Ireland now boasts 13 out of the top 20 pharmaceuticals companies and six of the 10 best-selling drugs, including Lipitor, Pfizer’s cholesterol buster, and Plavix, the blood thinner developed by Bristol-Myers Squibb.

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