Dáil debates

Tuesday, 16 October 2007

2:30 pm

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael)

I presume it must be someone from that source whom he believes is designing this corporate tax structure. The Minister will be pleased to hear I agree with him when he suggests a system where, effectively, bureaucrats will decide where profits arise and are taxable is unworkable and should not be accepted but I want to ask him about two points arising from his comments. The Minister indicated there is little support among member states for this proposal. At the same time, however, he is taking considerable time to address it in a major speech. Is he satisfied there is not growing support for some key states to move off individually to create this on their own? Has the Minister looked at the specific impact on Irish revenues if this new averaging system for calculating was put in place?

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