Oireachtas Joint and Select Committees
Wednesday, 24 September 2014
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Double Taxation Agreements: Minister of State at the Department of Finance
3:10 pm
Pearse Doherty (Donegal South West, Sinn Fein)
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My question is not whether we are compliant. Ireland has rightly supported the OECD plans for spontaneous information exchange. In the future, these double taxation treaties, which are intended to be multilateral, will have spontaneous information exchange. Today, what is presented to the committee does not include spontaneous information exchange. This is operating in other jurisdictions. Despite comments supportive of spontaneous information exchange from Departments and Ministers, why is it not included in double taxation treaties with these states given that it is possible?