Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

As I outlined in my earlier response to the Deputy, in last year's budget and Finance Bill, I introduced a very comprehensive set of measures to deal with issues that I identified in regard to the taxation of this sector, which the Deputy has acknowledged. When I identified issues that needed to be addressed, changes were made. In our debate yesterday I highlighted the higher rate of tax that is now being paid by some of these entities as a result of changes that were made. In last year's Bill, I brought in some comprehensive measures that are aimed at preventing tax avoidance. This shows my commitment to trying to ensure effective taxation within this sector. I am happy, as I said already to the Deputy, to keep this area under review and to examine it again in the context of the tax strategy group papers. As I said, I made significant changes to this area in last year's Finance Bill.