... because after Ireland agreed to implement the OECD minimum corporate tax rate (15%) same as everyone else, Ireland just didn't do as agreed, came up with some excuse (I would tell you which excuse, but they keep retroactively changing it), the prime minister explained in at least 5 extensive speeches how fabulous, fantastic and great he was for implementing it, and kept it at 12.5%. Then the minister of finance signed up to another minimum tax initiative in 2023 (the "EU Minimum Tax Directive"), in trade for EU money. In this they agreed to retroactively impose EU taxes up to 15% on all companies (oh and no deductions allowed to get it below 15%), and pay most of that money to the EU instead.
... which Ireland proceeded not to do. Then the new prime minister went onto TV declaring what a great success all this was for Ireland (... while ignoring that this is literally stealing money from other EU countries), and how they intend to continue this and were putting some of the money into a new "Irish" sovereign wealth fund (isif.ie) that has since used the money to hire the zero-experience-and-suspiciously-young-for-such-positions-but-totally-awesome investement team [2] composed of members of his own party that have been tasked with investing in Irish x business (please replace x with "the taoseach's new business" when making investment decisions and leave it out when publishing in the paper)
For unknown reasons, there is nothing on the isif.ie site about what they effectively do: steal money from EU hospitals, schools, pensions ... to personally enrich large US companies, and of course themselves. This is also missing from the government speeches on how fantastic they are.
But do not worry. Meanwhile in Brussels and Strasbourg, the requisition for a meeting about the approval of the color of the bikeshed (so called because when you call the place where you park your armoured Audi A9 motorcade a bikeshed chances of reelection go up dramatically. It IS, of course, a garage that was built where a park with a playground used to be) where then the request for the beginning of the process to requisition a meeting room to discuss who will make the agenda for discussing a meeting room for the actual issue is making great progress!
[1] https://www.gov.ie/en/department-of-finance/press-releases/m...
[2] https://isif.ie/about/meet-the-team