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

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

We have had a discussion with the Revenue and the Department and I questioned them as to whether they stood over the data set the Commission used in this model and they did not dispute the figures because they have not dealt with them in detail. I am finding it difficult to hear some of the previous exchanges we had with Revenue, but I believe it talked about 50 companies in Ireland would fall under the CCCTB proposal as mandatory. Of those 50 companies has the Commission received from Revenue a detailed list of their taxable profits and how they are applied? What type of data set is the Commission putting in to its model? Whatever the model is, what figures are we talking about? We have had reports in the past that talked about effective tax rates and in particular a company that produced widgets, which is similar to no company in Ireland. It all depends on what figures are being put in to the model. Can Mr. Zuijdendorp explain to the committee where the Commission got the data and is it real data from some of a sample of the 50 companies?

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