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
Mr. Liam Lynch:
It becomes a bigger issue the smaller the country and internal capital sources and so on. The more open a country's economy the bigger the issue it is. It still remains an issue for many countries within the EU, including medium-to-large countries because of the level of cross-border ownership. It does create issues. Mr. Kermode might like to comment further but in my view it does create issues within the EU framework and how it is put together.