Ruairi Ó Murchú (Louth, Sinn Fein) | Oireachtas source

To follow on from the points made by Deputy Haughey regarding the corporate tax rate, the Commissioner has spoken about the fact that he believes there is a decent possibility of an international deal in this regard. He referred to the minimum effective rate. There is a 12.5% rate in Ireland. However, although France, for example, had a rate of 26.5%, in many cases there were workarounds for foreign direct investment companies such that their effective rate could even be below 12.5%. I get the point about having a framework that works and has a quality and surety for everybody but how do we ensure that the minimum effective rate of 15% is across the board and nobody tries to circumvent it?