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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Review of Ireland's Corporation Tax Code: Discussion (28 Nov 2017)

Kieran O'Donnell: Would the worldwide perception of our corporation tax system be enhanced if it was territorial rather than residency-based?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Review of Ireland's Corporation Tax Code: Discussion (28 Nov 2017)

Kieran O'Donnell: Is it possible that our residency-based system would be perceived to be more transparent and fairer?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Review of Ireland's Corporation Tax Code: Discussion (28 Nov 2017)

Kieran O'Donnell: Most self-employed people do not make much money in the first year or two after setting up in business.

Seanad: Ireland's Bid for European Banking Authority: Statements (29 Nov 2017)

Kieran O'Donnell: I welcome the Minister of State, Deputy D'Arcy back to the Chamber. I might dare to say he is here more than some Senators.

Seanad: Ireland's Bid for European Banking Authority: Statements (29 Nov 2017)

Kieran O'Donnell: That is in no way to demean the work of other Senators who are extremely busy outside the Chamber. The rub of the green was not with us in this proposal. I hope a double-headed coin was not used but we were just unlucky. That we got to the point where we were unlucky is indicative of a phenomenal amount of work being put in, both by the Minister of State with responsibility for financial...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: Previous speakers may have raised the two issues I intend to raise. Has reference been made to Mr. Seamus Coffey's appearance before the joint committee last night?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: Mr. Cody is familiar with Mr. Coffey's report. He made a couple of recommendations and I would like Mr. Cody's observation on them. Mr. Coffey took the view that the level of expertise in the Revenue Commissioner's was not of sufficient strength in the context of a range of measures. Will Mr. Cody comment on what is being done to increase the level of expertise to what is required? Mr....

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: I would like Mr. Cody's observations on it.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: One would be naive to think otherwise.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: Panama Papers, rather.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: No, sorry, the Paradise Papers.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: The work the Revenue Commissioners did on the separate investigation into the use of trust and offshore structures is now substantially complete and has yielded more than €100 million. How long did that take?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: The Paradise Papers work will take a number of years.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: The report was critical of the level of expertise within the Revenue Commissioners.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: I asked him a direct question. Mr. Cody heard that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: I asked Mr. Coffey a direct question.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: I did not hear that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: That is the Revenue Commissioners.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: That is just for pricing.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: What does Mr. Cody define as the competent authority?

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