Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Notwithstanding my issues regarding how IREFs are taxed and so on, some of the amendments go in a direction of dealing with aggressive tax planning within the structure, and I welcome that. The Minister was not mincing his words when he stated it is deeply technical. We will need his expanded speaking notes and we will look at the amendments further on Report Stage. It will be too late at that Stage and the amendments need to be dealt with on Committee Stage, but some of this is extremely technical. I welcome that the areas that have been spotted by Revenue are being closed down in terms of aggressive tax planning. I presume a substantial portion of the €80 million will come from these amendments.