Oireachtas Joint and Select Committees

Wednesday, 22 May 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Strategy Statement 2011-2014 and IFSC Clearing House Group: Discussion with Department of the Taoiseach

3:10 pm

Photo of Joe HigginsJoe Higgins (Dublin West, Socialist Party) | Oireachtas source

The point is that the law in this country and the governing ethos of this and previous Governments facilitate giant corporations such as Apple to be registered in such a way that they can play the game internationally and hide away tens of billions of euro which has been earned God knows where. According to agencies that deal with the poorest people on earth, whether in Africa, Asia or Latin America, multinational companies are active in poor countries but do not declare taxes in them, preferring to declare them elsewhere where they pay much less. They are robbing the poorest of the poor. Irrespective of what the Government tries to state, these companies are being facilitated by the laws and arrangements in place in the State.

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