IRELAND IS emerging as a beneficiary of the clampdown on tax havens by the Obama administration with the decision of New York-listed consulting firm Accenture to move its corporate headquarters to Dublin from Bermuda.
The move by Accenture, which already employs about 1,400 staff here, comes in spite of the fact that the White House listed Ireland as one of three jurisdictions accounting for a major portion of foreign profits made by American corporations, when President Barack Obama moved to reform US tax rules earlier this month.
It is so nice to know that some country's economy will be better off under President Obama's economic policies. Just wish it were our's.
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