Paschal Donohoe (Dublin Central, Fine Gael)

It is possible it could require action at EU level but I cannot give the Deputy a definitive answer to that yet. The reason for that is that what I have seen is the publication of a general agreement on how the US would engage in the OECD framework that raises many questions. At this point in time, I cannot give the Deputy a definitive answer regarding how that agreement will be executed and whether the change would be needed. I believe, just as we entered into the OECD agreement after very careful consideration and taking time to work our way through it, we should also take time to fully understand this agreement and what the consequences of it will be, in conjunction with other stakeholders and partners. As I do that I will of course answer the Deputy's questions and those of the Joint Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach on what I accept is a very important policy matter.

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