Intellectual Property Center (GIPC) league table of the top 50 global centres for IP–leglislation, and 4th in the important Patents sub-category (see graphic opposite). While Ireland's most important BEPS tools are all IP–based, Ireland has other BEPS tools including Transfer Pricing–based BEPS tools (e.g. contract manufacturing), and Debt–based BEPS tools (e.g. the Irish Section 110 SPV, and the Irish L-QIAIF). "Worldwide Tax" systems Ireland's IP–based BEPS tools have only attracted material operations from multinationals whose home jurisdiction had a "worldwide tax" system; namely, the U.K pre–2009, and the U.S. pre–2018 (see Table 1). Ireland has not attracted material technology or life sciences multinationals (outside of a specific plant, under its TP–based Contract Manufacturing BEPS tool), whose home jurisdiction operates a "territorial tax" system. , there are only 6 remaining jurisdictions in the world who operate a "worldwide tax" system, of which Ireland is one (namely, Chile, Greece, Ireland, Israel, South Korea, Mexico). In 2016, U.S. tax academic, James R. Hines Jr. showed firms from "territorial tax" systems make little use of corporate–tax havens, as their tax code applied lower rates to foreign-sourced profits. Hines, with German tax academics, showed the German tax code charged a CT rate of 5% to the foreign profits of German multinationals. Hines was one of the most-cited sources when the U.S. Council of Economic Advisors advocated switching the U.S. tax code to a "territorial system" in the Tax Cuts and Jobs Act of 2017. In 2014, the U.S Tax Foundation, reported on how the UK had effectively stopped UK corporates inverting to Ireland, by switching the UK corporate tax-code to a "territorial system" over 2009–2012. By 2014, the UK HMRC reported that most of the UK multinationals that had inverted to Ireland had either returned to the UK (e.g., WPP plc, United Business Media plc, Henderson Group plc), or were about to be acquired by U.S. multinationals as part of a U.S. corporate tax inversion to Ireland (e.g. Shire plc). Distortion of GDP An "artificially inflated GDP-per-capita statistic", is a known feature of tax havens, due to the BEPS flows. In February 2017, Ireland's national accounts became so distorted by BEPS flows that the Central Bank of Ireland replaced Irish GDP with a new economic measure, Irish Modified GNI*. However, in December 2017, Eurostat reported that Modified GNI* did not remove all of the distortions from Irish economic data. By September 2018, the Irish Central