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March 31, 2010
Statistics released by the US Bureau of Economics show US companies invested $21.9 billion in Ireland in 2009, only a slight drop from the $22 billion invested in 2008 despite the discussions over introducing transfer pricing rules to the country.
The Irish government kept news that they were developing transfer pricing regulations low key during 2009, though, under mounting international pressure, the rules included in the Finance Bill did not surprise many people.
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