Oireachtas Joint and Select Committees

Thursday, 2 February 2017

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

EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners

9:30 am

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Has the decision raised any difficulties for Ireland in terms of other multinationals who might now question the issue of tax certainty? I refer to companies which have been given an advance Revenue opinion but which now see it retrospectively overruled by the European Commission under state aid rules. Does it undermine certainty around our corporation tax offering that a case of this magnitude is decided in this way?

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