Oireachtas Joint and Select Committees
Tuesday, 24 January 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
EU Corporate Taxation and Investment and Growth Strategies: Commissioner for Economic and Financial Affairs, Taxation and Customs
1:00 pm
Michael McGrath (Cork South Central, Fianna Fail)
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Is it the Commission's objective that after the expiry of the two-year period there will be no cliff effect when the UK leaves the European Union? As there is no trade agreement in place is the default position the WTO's terms of trade? Such terms would have serious negative consequences for Ireland. Will an arrangement be put in place once the UK leaves so that trade continues smoothly and competitively?