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

What I want is to have the tax revenue available to pay for public services and to, for example, generate a huge income subsidy support plan over a matter of days that played a role in hundreds of thousands of jobs being retained. I want to have the tax revenue to allow us to bring in payments like the pandemic unemployment payment. My interest is in having the tax revenue to deliver the public services that both I and Deputy Murphy want, as well as the jobs to keep our country at work and provide a good standard of living to people. That is my interest. The Deputy did not mention, though I think it is addressed in a later question, the OECD papers on country-by-country reporting. Based on its analysis, the OECD states that our average effective tax rate is 12% for multinational companies based here. It is not the lowest in the European Union, though it is clearly not the highest either. The only interests I have are the ones I have outlined and, in the future, making the kinds of changes that are needed to ensure larger companies, particularly digital ones, are taxed fairly and effectively.

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