Oireachtas Joint and Select Committees
Tuesday, 27 May 2014
Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation
Ireland's Corporate Tax System: Discussion
5:10 pm
Mr. Brian Keegan:
I accept that point. Ericsson and SAP made announcements only this morning. Ericsson is Scandanavian, while SAP is German. It is not necessarily all flowing from east to west, but I take the overall point.
Much of the reputational damage has been caused by the media coverage and, to a lesser extent, certain opportunist commentary by people looking after the national interests of their own countries. That is entirely legitimate and acceptable.
On the Deputy's observation about so-called "fixing" the double Irish, these five US Senate sub-committee recommendations, were they to be implemented by the US authorities, would address many of the double Irish structures. As I say, however, one year has passed and nothing has happened.
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