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

3:10 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

I am glad that members of the Government think that my influence is that big in the global taxation world.

A formal investigation into Apple has commenced.

It was mentioned that there has been informal information gathering since last year. We know the Revenue Commissioners complied with all the requests for information over a lengthy period. The witness mentioned the expansive powers the Commission has, and it has examined the information and rulings the Revenue Commissioners have provided relating to that company over the past ten years. It has been indicated that there is enough in that to initiate a formal investigation. The witness mentioned the Commission powers but how will it act differently from how it has done in the past? We understand the Revenue Commissioners have provided the relevant rulings and data so what can we now expect the Commission to do?

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