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

2:15 pm

Mr. Gary Tobin:

From time to time, particularly at international forums, we engage with the US Treasury. In addition, our embassy in Washington is in regular contact with not only the administration but the staffers and Members of Congress. The Tánaiste was in the US recently and he met Senator McCain who is one of the ranking members of Permanent Sub-Committee on Investigations. That meeting was primarily concerned with immigration reform, but I am aware that corporation tax was also raised.

We certainly use whatever opportunities we have to talk to our American friends about these issues. In fairness to the company concerned the CEO came out soon after the hearings to clarify the record. To that extent I am not sure that it was wholly necessary for us to do what you suggested.