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Facebook Building World's 'Most Advanced' Data Center In Irish Village (thestack.com)

An anonymous reader writes: Facebook has announced it is building a new data center in Clonee, Ireland, a small village close to Dublin. The facility, which CEO Mark Zuckerberg claims will be one of the "most advanced and energy efficient data centers in the world," will be the social network's second outside of the U.S., and its sixth globally. The new center will be located just a 30-minute drive from Facebook's international headquarters in the country's capital. It is expected to cost €200 million and employ around 2,000 people during the construction phase. The company hopes to open the facility in early 2018.

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  1. The Double Irish by Anonymous Coward · · Score: 2, Informative

    https://en.wikipedia.org/wiki/Double_Irish_arrangement

    The double Irish arrangement is a tax avoidance strategy that some multinational corporations use to lower their corporate tax liability. The strategy uses payments between related entities in a corporate structure to shift income from a higher-tax country to a lower-tax country. It relies on the fact that Irish tax law does not include US transfer pricing rules.[1] Specifically, Ireland has territorial taxation, and hence does not levy taxes on income booked in subsidiaries of Irish companies that are outside the state.

    The double Irish tax structure was pioneered in the late 1980s by companies such as Apple Inc..[2] In 2010 Ireland passed a law intended to counter such arrangements, though existing arrangements were exempt and lawyers have said that this change will cause no significant problems for multinational firms.[3]

  2. Re:Can't be too much competition... by Trepidity · · Score: 3, Informative

    "Irish village" here is a bit of a euphemism for "Dublin suburb". And the Dublin suburbs have plenty of datacenters.