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

2:25 pm

Photo of Dara MurphyDara Murphy (Cork North Central, Fine Gael)
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When some of those who make this allegation which is completely unproven softly suggest no law is being broken, there is implicit criticism of the corporations. This is a matter for policymakers. Mr. Tobin states in his report that the OECD and the larger countries will drive it. I would like to ask the representatives of the Revenue Commissioners a question in that context. One rarely sees multinational corporations on the lists of defaulters published in newspapers. I do not think I have ever seen that happen, although I stand to be corrected. Are they given the same treatment? I am not asking about specific companies, but are they subject to the same indepth analysis? Are they subject to the random selection that happens in the case of other businesses? One sometimes hears that certain industries such as the hospitality sector are being targeted for examination. Is the same rigour applied to multinationals, even though they employ thousands of people?