Ann: Central Bank of Ireland correspondence, page-109

Ireland wants to be seen as that: did you know that Ireland has the largest "trade excess" to "GDP" in the world. They are not technologically superior. Companies report their profits in Ireland to pay less tax. Companies have shell offices that import cheap (from subsidiaries in other high-tax countries, e.g., Taiwan) and sell expensive to sale subsidiaries in high-tax consumer countries (e.g., US). This way very little profit is reported in producer and consumer countries and low taxes are collected (in scale) in Ireland.

That's the business model of the state of Ireland!