Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

We are constructively engaged, as we always are, on these issues. Commissioner Moscovici is now in charge. He indicated at a meeting, which must be 12 months ago, that he was withdrawing the original CCCTB proposals and would come back with alternative proposals. He stated his intention to build a new proposal of a more limited design on what he thought were the aspects that were agreed in the discussions held previously. Effectively he was dropping all the proposals on consolidation. He proposed to have a public consultation on the new CCCTB. There is no emerging shape to it yet. It seems to be focused on the tax base rather than the consolidation of the other measures. It is still vague. We can say with reasonable certainty that when the proposals come, they will be more limited than what was on the table until now. Whether they will find favour with member states is difficult to say.