Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

The work is ongoing in the Revenue Commissioners in terms of the full operation of pillar 2 which, as the Deputy said, we have legislated for now in the Finance Act, though the additional revenues will not begin to come until 2026. To give an indication of the level of recruitment currently under way in respect of OECD pillar 2, 23 technical staff are targeted for recruitment in 2024 for initial implementation. The Revenue Commissioners expect that number to increase over time. It will involve recruiting staff with a diverse range of skills including accounting, strong international tax skills, corporate tax, transfer pricing and information technology skills. I understand an IT system is under development at this time to facilitate the transition.