Oireachtas Joint and Select Committees

Wednesday, 14 July 2021

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

Double Taxation Agreements: Minister for Finance

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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My recollection is the Revenue Commissioners regularly publish information in which they make available, on an anonymised basis, the effective tax rates available for groups of companies that are based in Ireland. I understand the last time they published this information they indicated our effective tax rate is just below the nominal tax rate of 12.5%. Publications from the Revenue Commissioners have indicated the effective tax rate is somewhere between 10% and 11%. That is information I base my views on. The Revenue Commissioners publish this information impartially and fairly. It is the organisation that should guide our view on what our effective tax rate is.