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 Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Please answer the question. When we became aware of it, as a result of the US Senate hearings, I challenged the Government to close down the loophole but it said it could not close it down, though it did so in a subsequent Finance Act. We had the ability, during all this period, to close this loophole down and if we had done so we would not have the Commission breathing down our necks over the State aid rules. We would have got the tax that was due to us in the first place. I will put my question again. When did the Revenue first know that ASI and AOE were operating on a stateless basis?

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