Neasa Hourigan (Dublin Central, Green Party) | Oireachtas source

I thank the witnesses for attending. In the statement provided today was the phrase, "Three longstanding issues will need to be addressed." I have questions about this part. It reads:

First, spending pressures associated with an ageing population will increase. The Council will publish a "Long-Term Stability Report" in July looking at these issues. Second, additional measures could be needed if Ireland is to meet its climate-change commitments. Third, the State has become over-reliant on corporation tax receipts, which accounted for over 18 per cent of annual tax receipts last year.

If we work backwards, starting with corporation tax, I am interested in what the witnesses believe the correct split of corporation tax should be. The only way to lower this number is through lower corporation tax or increasing other taxes to introduce new taxes. Has the council given any consideration to how this might be done or how we might achieve a better balance in corporation tax? Do the witnesses believe that there would be any impact on corporation tax if we were to introduce country-by-country reporting?