Oireachtas Joint and Select Committees

Wednesday, 28 May 2014

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation

Ireland's Corporate Tax System: (Resumed) KPMG and Unite

3:50 pm

Mr. Conor O'Brien:

Yes, one certainly can say that. As I stated, I think questions of fairness are ideological questions. However, I note that Ireland was forced by the European Union to have a single rate of corporation tax.

Previously, we had differential rates and targeted rates. There are arguments in favour of targeted rates and there are arguments in favour of a general low rate, but it was the EU that forced us to a single rate.