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Ireland Sees $2.4 Billion Hit From 4-Letter Word: Opinion

Pressure has been mounting on Ireland’s low-tax, high-tech economic model for some time. The country’s 12.5% corporate-tax rate — one of the 20 lowest in the world — has enraged allies in the European Union and beyond, who see Dublin as sucking profits away from other countries while becoming increasingly dependent on powerful firms like Alphabet Inc.’s Google and Apple Inc. for jobs and investment.

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