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Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts
(30 Nov 2017)

Seán Fleming: If the €13 billion is lodged to an account for one year, two years or 21 years, the people who have lodged that fund want to be sure their money is still intact and has not whittled away through bad fund management. If they did, they would probably hold Ireland responsible for any shortfall, or they might.

Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts
(30 Nov 2017)

Seán Fleming: I call Deputy Connolly for one minute to make one point and then I will call Deputy Farrell.

Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts
(30 Nov 2017)

Seán Fleming: That is what bespoke is.

Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts
(30 Nov 2017)

Seán Fleming: I call Deputy Farrell. I am sorry for that specific topic cutting in ahead of him, but we wanted to get it out of the way because it would probably have emerged during the course of the day anyway.

Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts
(30 Nov 2017)

Seán Fleming: Is that spent in Ireland?

Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts
(30 Nov 2017)

Seán Fleming: We have to move on. Deputy Farrell is well over the time.

Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts
(30 Nov 2017)

Seán Fleming: A final one.

Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts
(30 Nov 2017)

Seán Fleming: For the record, I can confirm that we have invited Google, Apple, J. P Morgan, Citibank, GlaxoSmithKline and Pfizer to assist the committee in its understanding of corporation tax administration from their perspective. J.P. Morgan has been in touch with the secretariat about arrangements for an engagement and Citibank and Apple have made initial contact with the committee.

Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts
(30 Nov 2017)

Seán Fleming: It is legislation.

Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts
(30 Nov 2017)

Seán Fleming: Fine.

Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts
(30 Nov 2017)

Seán Fleming: Will Mr. Hogan answer that question?

Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts
(30 Nov 2017)

Seán Fleming: It is a question of years. We are into the third calendar year.

Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts
(30 Nov 2017)

Seán Fleming: Is Mr. Hogan saying we might find out more by looking at the company's audited financial statements than we will find out here in the Oireachtas?

Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts
(30 Nov 2017)

Seán Fleming: Mr. Hogan has offered up that it is included in Apple's financial statement. He has said Apple has made a commitment in its financial statement to pay the money in 2018. That is actually the most definite statement that has been made by anybody to date. We have never had a definite statement from anyone at Government level or in the Oireachtas. Apple's statement, while it refers to next...

Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts
(30 Nov 2017)

Seán Fleming: Yes and Mr. Hogan is being helpful.

Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts
(30 Nov 2017)

Seán Fleming: I accept that Mr. Hogan is doing the best he can. We also appreciate that he probably was not expecting a debate on Apple this morning, but we felt it was an obvious issue to raise.

Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts
(30 Nov 2017)

Seán Fleming: Can Mr. Cody explain this? Everyone thought the figure was 200,000. Mr. Cody says that employments are different from employees. He must help the public understand the doubling of this figure. I will not take this out of the Deputy Catherine Murphy's time. I have never heard that figure before.

Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts
(30 Nov 2017)

Seán Fleming: Is Mr. Cody saying that most of the people in the multinational sector have two employments and two employers?

Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts
(30 Nov 2017)

Seán Fleming: Is this caused by people coming and going during the year?

Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts
(30 Nov 2017)

Seán Fleming: I ask Mr. Cody to send the information to the committee. I know it is a published document.

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