Oireachtas Joint and Select Committees
Thursday, 27 May 2021
Committee on Budgetary Oversight
Fiscal Assessment Report: Irish Fiscal Advisory Council
Mr. Sebastian Barnes:
As I said on the international tax side, the degree of control that Ireland has is very limited. As one of the Deputy’s colleagues correctly pointed out earlier, there is both a public finance aspect to the planning and a question of keeping Ireland attractive for FDI. There are many reasons unrelated to tax that companies choose Ireland as a location. There may be things that public policy can do better to support that in a cost-effective way. That is, again, one of the levers that people should be thinking about in years to come because, clearly, the risks are much higher than they were a year ago.
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