Oireachtas Joint and Select Committees
Wednesday, 19 October 2022
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Scrutiny of EU Legislative Proposals
Paul Murphy (Dublin South West, RISE) | Oireachtas source
I thank Ms Lawlor. I have one final point. We are speculating a bit here about the motivation for the Government being a laggard on this issue. The point was made that Ireland is home to a lot of SMEs, but is it not also partly that Ireland is home to a lot of multinational corporations that base themselves here? We have the top five global software companies, 14 of the top 15 medical technology companies and 18 of the top financial services companies. We know that Ireland Inc. markets itself globally as having low corporation tax, low data protection and low regulation. Is part of this driven by showing we are not trying to put too onerous burdens on corporations?
No comments