Oireachtas Joint and Select Committees

Thursday, 15 July 2021

Committee on Budgetary Oversight

Summer Economic Statement: Minister for Finance and Minister for Public Expenditure and Reform

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

In layman's terms, does the €2 billion in the economic statement include any potential revision on the rate or is it just mainly about Pillar 1? The minimum rate being proposed is 15%. Does the proposal from the OECD speak about that minimum rate applying over a period of time? Does it speak about it being reviewed in a number of years? Has it gone into that level of detail? That is hugely important for us as a country, particularly for applying certainty to the multinational sector, as well as more generally. I am more interested in the process.

Comments

No comments

Log in or join to post a public comment.