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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I will address the point of geography, our size and where we are located.

These are issues I regularly raise when I am involved in discussions regarding the competitive status of Ireland and, for example, the contribution that corporate tax has made to it. I assure Deputy Durkan that I regularly and forcefully make this particular argument. However, in the spirit of candour it is also important to acknowledge on the tax architecture across the world and in Europe, there is a lot of momentum behind the agreement the OECD is drafting. That is evident in the number of countries which have opted in to the consensus. I strongly make the points about the challenges we face because of size and our location on the geographical edge of Europe in the discussions on this topic.