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 not have that detail. It would be a matter for Revenue. A lot of this is not shared because it is confidential.

The key point, from my point of view, is the fact that Apple had a particular structure for their company - it was not illegal - is not the concern of the Irish Revenue authorities. The concern of the Irish Revenue authorities was to collect all the tax that was due in Ireland. One might not like the arrangement that was made by a multinational but if it was in accordance with law, and if the G7, the G20 and the OECD had not succeeded in eliminating the mismatches which allowed large global multinational companies to avoid tax, my belief is the onus should not be put on Ireland.

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