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
Mr. Niall Cody:
On the potential loophole, regardless if whether a company is Irish-registered non-resident, IRNR, stateless or is in a country without a corporation tax, there is the exact same effect. The IRNR issue was on the agenda, it appeared in a tax strategy group, as the Deputy mentioned before, in 1998. The IRNR issue has been well-known and been part of the environment in which we operate. The fact that they were stateless has no impact.