Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I thank Mr. Saint-Amans for giving us his time today. I will follow on with the questioning where the Chairman finished. As he is aware, the proceedings will be closely monitored not just in this country but internationally. Like most jurisdictions our priority in reading the report he has compiled is to inquire and interrogate its impact on our tax environment. In that regard I wish to put a question to him about the harsh criticism this country received in the US Senate sub-committee meeting concerning certain multinationals. An allegation was made that this country is essentially a tax haven. Could Mr. Saint-Amans give us the OECD response to the allegation, which was made in an important international forum, based on the agreed principles defining a tax haven, and with regard to this country's very transparent statute-based system?