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
Peter Burke (Longford-Westmeath, Fine Gael) | Oireachtas source
On risks to the economy from digital taxation, the committee gave a reasoned opinion after meeting various stakeholders in the area. We also examined the global approach. Ireland is a leading participant in the base erosion and profit shifting, BEPS, mechanism to ensure that there is a global approach to taxation and that there is no erosion of sovereignty in terms of Ireland setting its own tax rules. In terms of loss of income and risk to the economy regarding this proposal, is the Central Bank discussing this in any shape or form with its European counterparts?
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