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

Given the mobility of the large companies, we are talking about companies with turnovers of some €750 million or more, how will it be that instead of Ireland, Luxembourg and the Netherlands competing with each other that it will be the EU versus those outside the EU, so that companies will use jurisdictions outside the EU? We will not see any greater tax base as a result, but the tax base on a European level will decline?

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