Kieran O'Donnell (Fine Gael) | Oireachtas source

There is an ongoing discussion. The stakes are very high for Ireland. Many people are employed up and down the country, and they are a key part of our economic policy. There are issues in individual cases, but the general thrust of our policy is that we have a very open, transparent system. Our economic policy for many generations has been based around foreign direct investment coming in, providing very valuable jobs and contributing to our tax base. There are issues. The double Irish is gone. I believe that the solution lies within base erosion and profit shifting, BEPS, and the OECD in terms of transfer pricing. It is not always necessary to use a sledgehammer to crack a nut.