Ciarán Lynch (Cork South Central, Labour) | Oireachtas source

The British Parliament recently examined taxation. Amazon, one of the coffee franchises and Google were all looked at and when the committee examined tax liabilities and asked those companies about their profits in other European countries, it was very difficult to get that information; one of the companies completely failed to disclose it. Would the convention we are discussing this afternoon, apart from looking at the tax liabilities of an international company or companies based in Ireland or elsewhere in Europe, give accountability for profit or turn-over in those jurisdictions? We must measure one against the other to meet full tax liability.