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

Both MEPs can come in on this issue. Why does the European Parliament not carry out a country-by-country analysis to show member states and EU citizens the impact of the proposal that the Parliament has before it? Our guests state that they were not aware that we have three taxation rates. Both of them are rapporteurs for two different reports on CCTB and CCCTB. This committee has analysis which shows, for example, that because of the two rates being condensed into one, we would lose €450 million per year. Why is there not a real analysis being carried out? Now that we have country-by-country reporting, the data is available. Is that not something on which we should have an informed debate regard how this would play out for different European jurisdictions?

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