Oireachtas Joint and Select Committees

Thursday, 25 January 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Common Consolidated Corporate Tax Base: Discussion

9:00 am

Mr. Alain Lamassoure:

This project is not a plot from the bigger states against the smaller states. The question was asked as to what states will be the winners overall but we do not know. Today, for example, many French multinationals are fiscally based in Amsterdam. It is the case with Airbus, the pharmaceutical company Sanofi and Air France, although it has merged with KLM. Surprisingly, it also is the case with Renault, our state-owned car maker. It is based in Amsterdam because of the quality of life in the city and the charm of Dutch ladies.

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