Oireachtas Joint and Select Committees

Thursday, 9 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

A final question to Ms Herbert, and then I'll invite you to make any closing remarks you want. In regard to the corporation tax issue there, I was going to raise it myself with you anyway, was there really anything new with regard to other European partners' concerns with regard to Ireland's corporation tax? There's plenty of records showing that many governments were ... had their noses out of joint about it. The Commission had a position on it but we know under EU law that the sovereign position on taxation remained and actually remained right through the restructuring programme and all the rest of it. So what was it ... was there anything different with regard to what you were hearing from Europe with regard to the corporation tax as we were going into that period?

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