Dáil debates

Wednesday, 26 January 2011

Finance Bill 2011: Committee Stage

 

6:00 pm

Photo of Joan BurtonJoan Burton (Dublin West, Labour)

The section describes transactions and persons and contains a reference to promoters. The transfer of large deposits of money from the Irish jurisdiction to tax havens by means of promoters or to places where there is a practice of banking secrecy, is the highest form of aggressive tax avoidance management that I am aware of. The Minister will remain a Minister for the duration of the general election and until the new Government is formed. I have written to the Minister for Finance about this on a previous occasion. I understand the Minister of State does not have an answer to hand but this is a very murky area of aggressive tax planning. Will the Minister of State arrange-----

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