Peadar Tóibín (Meath West, Aontú) | Oireachtas source

Would it be fair to say the BEPS process and this particular process regarding corporation tax have evolved out of a frustration by many countries across the globe with countries like Ireland which have been outliers in corporation tax? Many other countries have felt Ireland has unfairly used low corporation taxes to attract inward investment. Had Ireland been less focused on low corporation tax as its main competitive plank historically, we may not have come to this situation and we may not be talking about a €2 billion loss in the level of corporation tax the country, as the Minister said, is likely to experience.