Gerald Nash (Louth, Labour) | Oireachtas source

I find it hard to understand or accept that the agreement is working in the way in which the Minister intended.

The Minister of State, Deputy Fleming, responded to me in the Dáil last week and informed me that "One case is being discussed and the Revenue is keeping a close eye on that". What precisely was meant by that? Can the Minister confirm to the House that there are no other company structures taking advantage of the kinds of arrangements of which we were made aware last week? Companies will say that they are lawfully exploiting these kinds of arrangements. I do not believe that was the Minister's intention in 2018. When he learned of this case last week and when he was advised by Revenue, as he has been, about the nature of this case, did he move to contact the Maltese authorities to tighten up this loophole? In my view, it needs to be tightened. Christian Aid warned of the possibility of these kinds of structures being enabled continuously, even post the 2018 agreement, but that advice does not seem to have been taken. I would be interested to see if the Minister could establish that there are not more companies taking advantage of this. Will he move to tighten up these arrangements?

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