Oireachtas Joint and Select Committees
Tuesday, 23 July 2013
Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation
Global Taxation Architecture: Discussion with Director of the OECD Centre for Tax Policy and Administration
2:10 pm
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
I thank Deputy Boyd Barrett. Before moving to the second round of questions, I will summarise the position. What I am hearing from Mr. Saint-Amans in response to the committee's questions is that the kernel of global taxation of multinational enterprise profits is the balance between taxation at source and that of residency, and those two different areas are ultimately where the dilemma lies. The difficulty is the sharing of the tax take between the sovereign states in a fair and equitable fashion that bestows no singular advantage on one state over another. Ultimately, what we are dealing with here is an issue of architecture, and the different nation member states of the OECD would have to agree to that overall architecture. This is what Mr. Saint-Amans is proposing in his report. Is that correct?
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