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

Photo of Rose Conway WalshRose Conway Walsh (Sinn Fein) | Oireachtas source

This is very useful because it gives us great cause for concern. My colleague in the European Parliament, Matt Carthy MEP, has been very vocal on all of these issues. We have very genuine concerns about what people are attempting to do here. I do not know if Mr. Lamassoure has ever heard the expression "a pig in a poke" but we believe we are being sold this. He has not heard of it. I will explain it to him afterwards. We see that where we do not have the critical analysis where it should be on the table and the lack of a full and comprehensive impact assessment that would say we really have an awful lot of work to do here. We have a huge distance to travel and a real examination to make because we as legislators need to make sure that our top tax sovereignty is protected. We need to correct all of the unfairness and injustice we talked about earlier on and we try to do that on a daily basis here in holding the Government to account. Successive Governments have been almost brought kicking and screaming to the table to address all of these loopholes. We are very serious about doing all of that but we do not believe it will be done inside what Mr. Lamassoure is proposing here. I know my colleague, Deputy Doherty, must go off as well so I will finish my questioning. I will explain to Mr. Lamassoure what a pig in a poke is after the meeting.

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