Oireachtas Joint and Select Committees

Thursday, 19 September 2013

Public Accounts Committee

Annual Report and Accounts 2012: Discussion with IDA Ireland

10:50 am

Photo of Shane RossShane Ross (Dublin South, Independent)
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Yes, but this is a sensitive issue. Is there not a danger that there is room for abuse? There are accusations of abuse. If changes are made, it could affect multinational investment in this country because they regard Ireland as a good - it is sometimes referred to in rather pejorative terms - conduit state where they can put the money in, transfer it out and do a few little dodges like transfer pricing which obviously affects their global profits. Does Mr. O'Leary not envisage the possibility of changes which would make Ireland less attractive?