Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

There have been state aid interventions with the Aughanish company over many years and there have been appeals. I understand that the matter is under appeal again, but the appeal is not by the State, it is by the company. We are generally aware of it, but it does not concern this issue, namely, tax. It is a different issue.

Regarding Revenue informing me, it did not have to. Anyone who was familiar with corporation tax, which has been a raging debate at the G20 and OECD for several years, and all well-informed Deputies knew that there was an issue with companies that were effectively not resident anywhere for tax purposes, that is, stateless companies. When we introduced the amending legislation in 2013, of course we would have referenced it with Revenue and my officials would have been advised by Revenue.

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