Dáil debates

Tuesday, 4 April 2017

Priority Questions

Corporation Tax Regime

4:55 pm

Photo of Joan BurtonJoan Burton (Dublin West, Labour) | Oireachtas source

What are the Minister's views on the recent report by the Oxfam charity noting that 16 of the top 20 European banks operating in Ireland through the IFSC and so on are paying an effective tax rate of between 2% and 6%, which is well below the corporation tax rate of 12.5%? Is the Minister concerned at such blatant tax avoidance or evasion using Dublin given that the Government has sought to defend its international reputation by pointing to its work, particularly when the Labour Party was in government, to ensure that we supported the OECD tax reform process?

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