Oireachtas Joint and Select Committees
Tuesday, 6 December 2016
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Scrutiny of EU Legislative Proposals
2:00 pm
Paul Murphy (Dublin South West, Anti-Austerity Alliance) | Oireachtas source
Even Brazil believes Ireland is a tax haven but that is a debate we can have. Tax competition is harmful for public services and for tax revenue across the world. The only winners from the ideology of tax competition are the corporations that get away with not paying tax.
If there were CCCTB, with a threshold of €750 million plus or an arrangement right across the board, would it have a negative impact on accountancy firms and corporate tax lawyers, of whom there are quite a few in Ireland? Would it diminish their ability to advise companies on getting the best possible tax deals within the European Union? Obviously, it would not affect matters outside the European Union.
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