Oireachtas Joint and Select Committees

Tuesday, 9 June 2020

Special Committee on Covid-19 Response

Reopening the Economy: Supports for Business

Photo of Gerald NashGerald Nash (Louth, Labour) | Oireachtas source

I know the HSA takes a risk-based approach to its inspections and works in a collaborative fashion with employers to try to ensure all the necessary protections are put in place. I am concerned that at this point it has not felt the need to issue any compliance notices to any employers who may have erred.

Significant Exchequer resources will be deployed to the business sector in the coming months, which is necessary to ensure our economy opens. We need those business supports in place and we need people back at work. A trend has emerged in other EU member states where conditions are attached to the substantial liquidity supports provided to those businesses. A growing number of member states are applying conditions relating to tax haven status. In other words, if a company is registered in a tax haven and not paying its taxes here, it cannot access wage subsidy schemes or state liquidity supports in the countries in which they are resident physically, but not tax resident. Should the Irish Government consider this, given the massive scale of resources being deployed to the business sector at present?

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