Oireachtas Joint and Select Committees

Tuesday, 20 April 2021

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Estimates for Public Services 2021
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised)

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Gabhaim buíochas leis an Aire as an chur i láthair sin ar na Meastacháin. My first question relates to the revenue side. The Minister is familiar with President Biden's tax plan, particularly his support for pillar 2 of the OECD plan, which contains a minimum effective tax rate for OECD countries. While President Biden is advocating that be at 21%, it may fall somewhere below that during the negotiations. Given President Biden's support for pillar 2 and a minimum effective tax rate does the Minister believe that in future, Ireland's 12.5% tax rate will be increasing?

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