Pearse Doherty (Donegal South West, Sinn Fein)
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The other claim one hears continually which I have heard again today and from Government sources is that we do not do special tax rate arrangements. No one is making that accusation. I have not heard anyone make that accusation against the State. The accusation, right or wrong, is that there are special arrangements. I hear the delegates continually deny a charge that has not been put. The question is not whether there is a special tax rate for companies but whether there is a special arrangement for certain companies. Throughout the world tax authorities negotiate with multinational companies on their tax bill. Many multinational companies use the cost plus arrangements in which they look at the cost of doing business and then the operating cost in the State and so on. They add a percentage and then go into negotiations. What formula is used by the Revenue Commissioners in such negotiations or interactions with multinational companies in the State?