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

The disclosure requirements are the same across the EU, so there is no possibility for taxpayers to engage in any kind of disclosure arbitrage. The requirements are the same and under the agreements that we have now in respect of the exchange of taxpayers' information, it would be open to the Revenue Commissioners to access the declaration that is made in other tax jurisdictions. This amendment just refers to how the information is filed and who does it; it does not affect the taxpayer meeting the requirements either here in Ireland or anywhere else.