Oireachtas Joint and Select Committees

Wednesday, 28 May 2014

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

Ireland's Corporate Tax System: (Resumed) KPMG and Unite

3:10 pm

Photo of Dara MurphyDara Murphy (Cork North Central, Fine Gael) | Oireachtas source

Mr. Taft has named some of the richest countries in the world. In his submission Mr. O'Brien asserts that there are no glaring examples of Ireland being at variance with the global taxation system and no issues in respect of which we could make changes here. I would have expected that there would be some areas in which we might have been able to act unilaterally. Has this process not proved that while there has been some criticism from abroad of Ireland's ability to attract foreign direct investment, our tax system is transparent, fair and open and that difficulties of tax avoidance are international in nature and can only be dealt with by means of the BEPS and other OECD systems to which Ireland fully subscribes?

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