Liam Twomey (Wexford, Fine Gael) | Oireachtas source

I have a few questions to satisfy my curiosity. I refer to the current debate on this subject in the United States. Why is there such a focus on Ireland when little or nothing has been said about decisions made in places such as the Cayman Islands, Bermuda or Barbados? It is quite clear that significant profits attributed to Ireland and which are therefore reducing the effective tax rate have nothing to do with Ireland but have a significant lot to do with zero corporation tax in these smaller countries which have much more secretive regimes as to how transfer pricing operates yet we are the ones being beaten with the stick. Why is there not more commentary from Wall Street or the FT? Some of these countries are under the effective jurisdiction of the United Kingdom and the United States. Why is there not stronger commentary that this problem is not solely Ireland's problem but it is also to do with international tax treaties and how tax treaties specifically deal with countries such as these?