Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Until that is signed it is our law that would apply and therefore it would not get that benefit. If a company, for example, transferred assets to another jurisdiction and then supplied loans to this country that allowed it to write down its profits but that transfer arrangement was made, without any treaty or bilateral agreement, to reduce its tax liability to zero or next to zero, our law under the general anti-avoidance rule could nullify that.