Oireachtas Joint and Select Committees

Thursday, 2 February 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners

9:30 am

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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Until the case is decided there will obviously be uncertainty about whose liability it was to collect the tax. It has not affected the flow of foreign direct investment into the country. The Commissioner, Ms Vestager, said they had gathered data on 19 other companies and none of the other 18 was proceeded against. The state aid activity of the Commission is ongoing and other files are being looked at. There is no other case against Ireland at the moment but I cannot say that a case will not be initiated in the future.