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

I might reframe the very interesting question raised by Deputy Liam Twomey. I will ask the same question in a different context on foot of Mr. Fraser's reply. What is his response to the suggestion that the current dynamic has no regard to the actual effective corporation tax rate in Ireland? I refer to what is happening globally, what we are hearing from America and what we have heard in the House of Commons. I watched the proceedings at the House of Commons. What is happening globally would happen, regardless of whether this country's corporation tax rate was 2.5% or 52.5%.

Notwithstanding how the Irish system operates, multinational companies behave as they do because they must operate in an international context. Does Mr. Fraser agree with this or does he hold a contrary view?