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

3:25 pm

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

That is not the question I asked. The question I asked is about assurances of changes. For example, hypothetically speaking, I am asking them to state that the Revenue or the Department did not say, for example, that it was giving such companies an assurance that Ireland will not change its tax residency position. We are aware there is aggressive tax planning in the State. There must be when companies incorporated here do not pay any tax anywhere in the world. Have any assurances been given that the structure that these companies have put in place in this jurisdiction will remain and we will not close down any loopholes that they may have identified?

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