Ireland Is Launching a Sovereign Wealth Fund
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Even tax havens can generate enough taxes to support a sovereign wealth fund. At least, when they're havens for the world's biggest companies.
On Tuesday, Ireland -- home of some of the lowest corporate tax rates in the West and, ergo, the tax home of some of the world's largest tech and pharma players -- said it's leveraging its corporate tax revenue to create a sovereign wealth fund.
Source Fool.com
