Oireachtas Joint and Select Committees

Wednesday, 18 November 2020

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance Bill 2020: Committee Stage (Resumed)

Photo of Mairead FarrellMairead Farrell (Galway West, Sinn Fein)
Link to this: Individually | In context | Oireachtas source

Gabhaim buíochas leis an Aire. I thank him for that. We are again looking at a timing issue more than anything else. For that reason, I will withdraw the amendment with a view to speaking on the issue on Report Stage. Put simply, my concern is that profit-switching could take place and that certain companies would be able to move profits to jurisdictions which are not on this blacklist. I hope that a report such as I have proposed could highlight any such activity, which is very important. If it is a matter of timing, that is something at which I am willing to look and I will withdraw the amendment at this stage and speak to the issue at a later date.