Mick Barry (Cork North Central, Solidarity) | Oireachtas source

St. Vincent and the Grenadines and Barbados are tax havens. A comprehensive Zucman study in 2018 stated Ireland was the world’s number one tax haven with an effective tax rate of 4%. What is the Minister’s opinion as to what the effective corporation tax rate is in this State? Zucman stated it is 4%, Deloitte, Matheson and Grant Thornton have all marketed themselves as companies that pay an effective 2.5% tax rate in this State. We know in 2017 Apple, Google, Facebook and Oracle paid less than 1%. The galleries would collapse in laughter if the State was to try to keep a straight face while arguing the effective tax rate is 12.5%. We all know it is less than that. What does the Minister estimate the effective tax rate currently to be?