Oireachtas Joint and Select Committees

Wednesday, 14 July 2021

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

Double Taxation Agreements: Minister for Finance

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

I thank the Deputy for his question. He is right in that I said there were other countries that had a similar view to Ireland on this issue but I did not say there was also a very large group of countries which share that view. I accept, and it is a matter of public record, that the majority of countries have indicated they will be part of the consensus. As to what that means for us, as I said in a response to Deputy Doherty, it is important to realise and recognise we are still in a political process that is due to conclude in October. The best time to evaluate where we stand, who our company might be and what could be the effect on our reputation would be well after that point if an agreement is reached and by the metric of who has implemented the agreement. It is early in the process to conclude who will be there at the end of it and what countries will be in or out of it.

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