Oireachtas Joint and Select Committees

Wednesday, 18 September 2013

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation

Base Erosion and Profit Shifting: Discussion with Department of Finance and Revenue

3:15 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

We do not know how many companies are using this state. They are incorporated in the State, not paying any tax in the State and not paying any other tax. They are using our system because we deem tax residency to be based on control and management and such companies are exploiting the difference between us and others. However, we do not have a clue as to how many companies are involved. Is it correct to state we have no idea whether it is ten, 100, 200 or 1,000?

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