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 Gerry HorkanGerry Horkan (Fianna Fail) | Oireachtas source

Finally, what has been the impact of this decision on Revenue's ability to provide tax rulings and certainty for business? Has there been any impact on potential business or business existing in the State, particularly from foreign multinationals? I asked the Commissioner about other cases and, as the Minister alluded to earlier, the Commissioner stated there were no other open files of investigations. The Minister stated that does not mean there cannot be in the future but they looked at 19 others and they have not opened any investigations. I presume that is a positive for the investment climate for both existing and potential new businesses. Has there been any effect?

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