As the Irish Times report points out, and RTÉ also notes, US President Barack Obama made particular mention of the Shannon airport stop-over provided to the US military, and the odd US politician, when pledging to “continue to co-ordinate in international fora as well as bilaterally to see how we can spur investment and private sector growth on both sides of the Atlantic.” He also received another “lovely” bowl. And the pre-clearance facilities at Shannon Airport are now available for all general aircraft, including private jets. Irish Eagle identifies the link between those facilities and US tax reforms.
That’s the insurance policy against being tagged as a tax haven. Avoiding tax haven designation is one of the keys to economic recovery.