Oireachtas Joint and Select Committees
Thursday, 26 April 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
EU Proposals on Taxation of the Digital Economy: Discussion
10:00 am
Mr. Brian Hayes:
In the CCCTB, the criteria were clear. It was based on the number of staff a company had, its tangible assets and its sales, the last of which worried us because we do not have a big domestic economy. Then they added the bit about intangible assets, from an amendment to the report from Mr. Lang and Mr. Lamassoure, in order to try to take account of the digital component. I think the Deputy is right on this. The bigger problem is whether this is CCCTB by the back door. If it is simply a sunset subsidy, an additional tax on digital companies over and above what they currently pay to member states, we have to engage in that but only if it is an interim measure for a full OECD proposal.
No comments