Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

My last question is about incorporation versus management control, which is another mechanism through which another whole raft of profits - not even included in these figures - are simply not discussed or included at all. Are the management and control criteria for tax residency completely archaic and out of date in the modern globalised economy? Where does one define this in a multinational company that has branches and subsidiaries all over the place and has a whole series of different hubs of management, control, added value and so on? How can one possibly state it is all managed in the United States, even though it has sizeable investments, operations and so on in Ireland and elsewhere that it somehow can evade? I put this question to both witnesses.