Dáil debates

Tuesday, 3 December 2019

Ceisteanna Eile - Other Questions

Corporation Tax Regime

6:25 pm

Photo of Heather HumphreysHeather Humphreys (Cavan-Monaghan, Fine Gael) | Oireachtas source

We continue to increase our footprint in other areas of the world. I recently returned from a trade mission to South Africa and Kenya. The population there is expected to increase by 1 billion over the next 30 years, I think. There are huge opportunities there. We are increasing our footprint in China and there was a trade mission to Japan some weeks ago. It is about not being over-reliant on one particular region and spreading our footprint into emerging economies. IDA Ireland is in the process of finalising its new strategy which will take account of the developing international tax environment. We must also consider our indigenous companies. The most important thing is to ensure that we support our indigenous companies in investing in R&D and innovation so that they can compete, scale up and reach new markets. Being competitive is the most important thing.

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