Oireachtas Joint and Select Committees

Wednesday, 18 November 2015

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

Finance Bill 2015: Committee Stage (Resumed)

11:00 am

Photo of Simon HarrisSimon Harris (Wicklow, Fine Gael)
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Let me clarify. The OECD BEPS process agreed country-by-country reporting on the condition that the information remained confidential, as all taxpayers' information remains. If the Oireachtas decides to make such information public, it will untangle the BEPS agreement and allow other taxation authorities not to give that information to the Revenue Commissioners because we are not in compliance with the agreement. That would be an extraordinarily foolish step to take.