Oireachtas Joint and Select Committees
Tuesday, 13 December 2016
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Scrutiny of EU Legislative Proposals (Resumed).
2:35 pm
Peter Burke (Longford-Westmeath, Fine Gael) | Oireachtas source
In terms of accountability would there be qualified majority voting? What process would there be for holding that authority to account because it could be dangerous to some member states? This would ring-fence corporation tax for the member states. Offsets are an important component of cashflow but many companies would seem to be in trouble because if the corporation tax is ring-fenced for the member states it is not available for offset against other tax heads in the sovereign state where it originated.
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