Oireachtas Joint and Select Committees
Tuesday, 16 June 2015
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Forthcoming ECOFIN Council: Minister for Finance
6:00 pm
Seán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source
I will be brief. It is just one sentence. The Minister stated that the common system of VAT for the standard VAT return was not progressing. Which country will lose as a result of that system not progressing? Will we gain or lose? There must be some winners or losers in terms of foreign direct investment, FDI, companies that have branches and group companies in the EU. Some countries must gain under the status quowhile others might lose under the new arrangement.
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