Oireachtas Joint and Select Committees

Tuesday, 24 January 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

EU Corporate Taxation and Investment and Growth Strategies: Commissioner for Economic and Financial Affairs, Taxation and Customs

1:00 pm

Photo of Peter BurkePeter Burke (Longford-Westmeath, Fine Gael) | Oireachtas source

A number of the leading institutes dealing with taxation in this country have done exercises which are very worrying. Some of them have presented their findings to the committee in terms of the impact the CCCTB could have on Ireland. It is clear that the work has not been done on how this could adversely affect the State. A huge amount of the mismatches in terms of taxation and lost revenue occur not only because of a member state, but because a third country is involved. How does the CCCTB solve the problem of a mismatch involving a third country?

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