Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

On the Deputy's question about the common consolidated corporate tax base policy, I will continue to oppose such a policy move and will oppose any change in the decision-making process in that policy area. My objective overall is, as I said, to ensure the work of the European Union and the OECD is aligned. I say this because I believe the best way to avoid trading difficulties or tax competition is for all of this to take place on a global and co-ordinated level. As I said in response to the Deputy's earlier question, it is entirely possible within the legal framework available to member states for them to pursue unilateral action in accordance with their tax sovereignty. We have seen a number of countries begin to consider this. I have outlined my approach to the matter.

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