Oireachtas Joint and Select Committees

Tuesday, 31 January 2017

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

EU State Aid Rules - Investigation into Preferential Tax Rulings: European Commissioner for Competition

12:30 pm

Ms Margrethe Vestager:

As we just went through, I very much respect the fact that national tax authorities, parliaments and governments set their own corporate tax levels. That is unquestioned. The national tax authorities do their own audits. It is not for the Commission to do these jobs. The only thing we said was that some national tax authorities might take an interest in how the activities of Apple have developed over the decades.

Then they could see if some value has been created and therefore should be recorded in this other member state. It is not for the Commission to advise or to do the job. It is only for it to say if national tax authorities would do that, they can do that. What we are talking about here is not a magic number of €13 billion but ten years of unpaid taxes. I do not know if national tax authorities will pick this up. That still remains to be seen.

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