Frances Fitzgerald (Dublin Mid West, Fine Gael) | Oireachtas source

The ICIJ leaks make a number of points about changes in the Irish tax system. It rightly points out that Ireland has already acted to address definitively the issues around stateless and double Irish companies. In the Finance Bill this week - the finance committee is meeting as we speak - the Minister for Finance will be discussing the changes he has already brought forward to our regime for capital allowances. Ireland has played a full part in implementing international tax reforms and we are currently holding a consultation process about how we implement the remaining reforms. Issues of concern will be investigated, as appropriate. The issue of aggressive tax planning by multinational companies is a global problem, as the Minister for Finance has said again and again, and it does require a global solution.

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