Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

The report published by the OECD last week, which the Minister just mentioned, found that the effective tax rate paid by companies in the State was 12%, which is close to the statutory rate of 12.5%. Some will question the report but this comes at a time when our tax arrangements in this State are under intense scrutiny. Yesterday, the European Commission announced a series of tax proposals to tackle what the Commissioner for Economy described as aggressive taxation. I ask the Minister to respond to these proposals. In particular, how does the Government view them? Does it see them as an attempt to impinge on tax sovereignty and an encroachment by the Commission in areas of domestic policy?

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