Oireachtas Joint and Select Committees
Wednesday, 18 September 2013
Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation
Base Erosion and Profit Shifting: Discussion with Department of Finance and Revenue
3:25 pm
Dara Murphy (Cork North Central, Fine Gael)
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The Commission has clearly requested some documentation.
We must all acknowledge we live in a competitive world and are competing with countries in Europe. Politicians in Britain and France, for example, have commented on us in the past. To be clear, neither the Commission nor any other arm of the European Union has a role in tax policy in Ireland, as we saw in respect of the financial transaction tax, corporation tax and income taxes. The Commission's role is purely to assess whether we are keeping the rules we set. If we are found to be keeping to our own rules, as I hope will be the case, it will have nowhere else to go, even if some politicians in Europe do not like the fact that we have a successful tax regime for attracting multinational companies. Do I understand that correctly?