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
Michael Noonan (Limerick City, Fine Gael) | Oireachtas source
The Revenue would say it acted all the time in accordance with tax law. The fact that we do not tax the profits of non-resident companies for their profits outside of Ireland is a matter of law. Always in our dealings with the Commission, the law on tax that applied was domestic law because tax is within the competence of the sovereign, not within Europe.
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