Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

That response is completely inadequate. We had a report that over a six year period Google had €47 billion in sales but had paid only €69.9 million in corporation tax, an effective rate of less than 1%. In replies to questions I had tabled to the Minister for Finance it was revealed that in 2010 total gross profits in this country made by corporations amounted to €70 billion, on which they paid only €4 billion in tax, an effective rate of a little above 6%. When ordinary workers and those least well-off are having their incomes looted through the universal social charge, property taxes and other cuts, how can the Minister stand over a situation where remarkably profitable corporations are getting away with paying almost nothing in tax? Is he going to do anything about this?

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