Dáil debates

Thursday, 16 July 2020

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions

Apple Escrow Account

10:40 am

Photo of Paul MurphyPaul Murphy (Dublin South West, RISE) | Oireachtas source

The Apple tax ruling is being portrayed as some sort of victory for Ireland. It is a strange victory where we do not get the €14.3 billion currently sitting in an escrow account. That money is to be added on to Apple's massive cash pile and we cannot use it for housing provision, creating green jobs and avoiding climate catastrophe. I saw coverage of the Minister at a press conference yesterday celebrating this victory and talking about how it shows that we have equality of treatment for taxpayers in this country. If PAYE workers knock on the door of Revenue headquarters later today, will they also be able to access a 0.0005% tax rate?

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