Oireachtas Joint and Select Committees
Wednesday, 11 June 2014
Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation
Reform of Global System of Corporation Tax: EU Commission and KPMG
3:10 pm
Dara Murphy (Cork North Central, Fine Gael)
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My first question is to Mr. Lynch. The objective of this committee is an examination of where we are now, the BEPS process and where that might lead us. I welcome that Mr. Lynch believes that as a country we should embrace our open and transparent tax regime. He also mentioned that there are four areas about which we should be concerned. Perhaps he would elaborate on the issue of domestic ownership and the reasons this should be of concern for Ireland and what, if it materialises, we could do to prevent it being a problem for us into the future.