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

Photo of Paul MurphyPaul Murphy (Dublin South West, Anti-Austerity Alliance) | Oireachtas source

I will now move on to the arguments put forward by the Government, echoes of which Ms Vestager has heard today. One of the key arguments made by the Government is that none of this money is really owed to Ireland anyway and that by the time other European countries get their hands on their share and profits are repatriated to the US, there will be nothing left. Is it Ms Vestager's opinion that the large majority of the €13 billion, plus interest, would be owed to the Irish State rather than to other countries?

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