Seanad debates

Wednesday, 6 November 2013

11:20 am

Photo of Michael D'ArcyMichael D'Arcy (Fine Gael) | Oireachtas source

I am calling on the Leader to request a debate with the Minister for Finance on the reputational damage this country has suffered this year by virtue of the rates of corporation tax being paid by some companies in this jurisdiction. I am aware that the Minister is currently speaking in the Dáil on Second Stage of the Finance (No. 2) Bill 2013. In the recent budget, he took the first step towards repairing some of the reputational damage to which I refer when he announced that stateless companies would be disallowed, in effect, from participating here. It is important for us to have an opportunity to put the word out in this jurisdiction and other jurisdictions that we are attempting to start this process. We cannot do this on our own, however. We need the support of other countries, organisations and political entities on a Europe-wide basis. We would benefit significantly from being able to debate the matter in this Chamber as soon as possible.

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