Oireachtas Joint and Select Committees
Wednesday, 11 June 2014
Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation
Reform of Global System of Corporation Tax: EU Commission and KPMG
3:00 pm
Liam Twomey (Wexford, Fine Gael) | Oireachtas source
Yes, with Deputy Murphy. Regarding the discussion on the appropriateness of current transfer pricing standards, to paraphrase Mr. Lynch, will he elaborate on that issue? When people assert that something is complicated, it sometimes means that it is open to interpretation and, as such, jurisdictions' taxation authorities can view them differently. Are these standards reasonably standardised or are they open to interpretation by taxation authorities? What is the difficulty with the standards?
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