Liam Twomey (Wexford, Fine Gael) | Oireachtas source

How much control does the OECD have over those, which clearly are tax havens? What can be done to stop money moving to those tax havens over time? Mr. Saint-Amans pointed out that this problem is massive in that the OECD countries have lost approximately €3,000 billion as a result of tax avoidance measures by multinationals. Will he give us some more information on how that figure was reached?

Regarding some of the meetings in the US House of Representatives, the chairman of the House Committee on Ways and Means, Mr. Camp, has made it clear that reforming the way taxes are gathered is the major issue and that the focus should not be on grilling corporations on their legal tax avoidance strategies. Does Mr. Saint-Amans have any comments to make on what the chairman, Mr. Camp, is doing? I know he does not want to comment specifically on the policies of other countries, but the Cut Unjustified Tax Loopholes Act was brought forward in the US Senate by Senator Levin. What is Mr. Saint-Amans' view on some of the proposals in that legislation?