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Tech Companies Love Dublin's Tax Rates

Dublin’s Grand Canal Square, just south of the River Liffey, is known as Googletown. In 2011, Google (GOOG), which employs more than 2,500 people in Ireland, bought the neighborhood’s 15-story Montevetro building. Nearby is Facebook’s (FB) European headquarters, along with outposts for LinkedIn (LNKD), Yahoo! (YHOO), and other U.S. technology companies, some of them Dublin fixtures for over a decade. They’ve been drawn to expand there by the strapped government’s flat 12.5 percent corporate tax rate.

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