Oireachtas Joint and Select Committees
Thursday, 10 May 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Sector: Quarterly Engagement with the Central Bank of Ireland
9:30 am
Professor Philip Lane:
As with many other global issues, what we have to work to is what is globally sustainable and if that is a net positive or a net negative for Ireland we have to live with that. These global corporations operate in many countries and I do not think we can ignore this global momentum. Rather than just say we will be concerned about our own tax system, I advocate being an active contributor in the global debate. We are experts here. We know a lot about global corporations because they are here. The technical experts here know a lot and can add a lot to that global debate.
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