Jonathan O'Brien (Cork North Central, Sinn Fein) | Oireachtas source

I would like to get some background information from the Minister of State. My amendment relates to Irish-registered non-resident companies. A report published in 1998, which tackled this problem, stated that a company must carry out some activity but did not state that the company should be managed or controlled within the State. A report by the Department of Finance in 1998 recommended that this be addressed in some way. My amendment, with amendment No. 7, tries to do that. We say that not only should the company carry out some activity within the State but that it must also be managed and controlled within the State, particularly for tax purposes. We would like some feedback from the Minister of State on this amendment.