Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I would appreciate that. The Minister referred to the OECD BEPS process and pillars 1 and 2. I am sure he will be observing the challenges that some countries, not least the United States, face in the implementation of those pillars. It may be a challenge to get this through the US Congress, for instance. We can speculate on whether it will go through but that will be up to those at that level. It has always been the view of the Government that this needs to be done at global level. Has that view changed or evolved recently? Is it still the view of the Government that all parties that are signed up to the process need to implement it and, if that is not the case, then we should not be a party to this? There is an emerging view that, for example, pillar 2 will be transposed through a directive at European level. Does the Minister believe pillar 2 should take effect in Europe regardless what other parties, such as America, decide to do? That would be a very different view from the one we have. In fairness, I shared the same view. It would be a different view from the one the State had a number of years ago that this needed to be dealt with not at European level but at global level. I am not asking the Minister to speculate but it is a real prospect. Is it still the view of the State and the Department of Finance that this has to be a global implementation and, if it is not, we will not be proceeding at European level? Alternatively, is the State now committed to proceeding at European level in terms of pillar 2 regardless of whether any other jurisdiction has a difficulty or challenge or fails to transpose this into its law?