Dáil debates
Thursday, 30 November 2017
Other Questions
Tax Code
11:50 am
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
The change made by the former Minister, Deputy Noonan, in 2014 is a scandal. Séamus Coffey said that had we not made that change, we would have collected €722 million in additional tax in 2015, and presumably there would have been a similar figure in subsequent years. Mr. Coffey said that if one ensured that all claims for this allowance was under the 80% regime, we would have an extra €1 billion next year. In 2015, a window was opened, through which Apple jumped, using Jersey and Ireland. This was conveniently opened that year by the former Minister, Deputy Michael Noonan. We need to know what lobbying took place, what discussions were undertaken and what the rationale was for increasing that allowance in 2015. It cannot be a coincidence that after the double Irish was closed, Apple and others restructured their tax avoidance arrangements using Irish companies and Jersey to escape billions of euro in tax.
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