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 NoonanMichael Noonan (Limerick City, Fine Gael) | Oireachtas source

I would have thought initially that all the recovery would be due to Ireland. That was my initial response. However, the Commission introduced the idea that other countries in Europe might have a claim on the €13 billion but the Commissioner now is less emphatic about the amount. It would be for the authorities in the other countries to make the claim. There is an uncertainty about the amount. There is an uncertainty as to the methodology which would lead us to a figure of €13 billion and whether the figure will be €13 billion or not. If there are other countries claiming that part of it is due to them we will have to see where that lands. That is a long way down the road.

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