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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee (26 Apr 2018)

John McGuinness: We will begin our meeting. I propose that we go into private session. Is that agreed? Agreed.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Proposals on Taxation of the Digital Economy: Discussion (26 Apr 2018)

John McGuinness: We are now dealing with engagement on EU proposals for the taxation of the digital economy and other matters. I welcome Mr. Brian Hayes, MEP, and Mr. Matt Carthy, MEP. I advise that by virtue of section 17(2)(l) of the Defamation Act 2009, witnesses are protected by absolute privilege in respect of their evidence to the committee. However, if they are directed by the committee to cease...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Proposals on Taxation of the Digital Economy: Discussion (26 Apr 2018)

John McGuinness: Mr. Hayes better mention Leo because he has mentioned most things.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Proposals on Taxation of the Digital Economy: Discussion (26 Apr 2018)

John McGuinness: Of course.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Proposals on Taxation of the Digital Economy: Discussion (26 Apr 2018)

John McGuinness: When Mr. Carthy mentions "a safe pair of hands", is he referring to himself? Is he making an announcement?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Proposals on Taxation of the Digital Economy: Discussion (26 Apr 2018)

John McGuinness: I have a few questions. First, the purpose of the meeting is the digital tax and the question of tax harmonisation. The committee will deal with that next week and then we will issue our report which I presume will be debated in the Dáil. We will bring forward the views of the committee in that. I oppose digital taxation or tax harmonisation. Each state has its own obligations and...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Proposals on Taxation of the Digital Economy: Discussion (26 Apr 2018)

John McGuinness: I do not mind asking them for a greater amount of tax in this country. I would not have minded if the Government had gone to those big companies during the recession and asked them to give us a little more or had taxed them more, instead of ignoring it.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Proposals on Taxation of the Digital Economy: Discussion (26 Apr 2018)

John McGuinness: I am talking about the issue of tax harmonisation across Europe.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Proposals on Taxation of the Digital Economy: Discussion (26 Apr 2018)

John McGuinness: I put it to both witnesses again-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Proposals on Taxation of the Digital Economy: Discussion (26 Apr 2018)

John McGuinness: I would say to both Mr. Hayes and Mr. Carthy that when legislation is proposed in this House and it smacks of anything to do with banking, regulation or whatever, it goes to the ECB for its views and it reports back to us. Here we have a banking scandal in, separately, Ulster Bank and, collectively, all of the other banks and the ECB tells us it is not within its remit and that it is within...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Proposals on Taxation of the Digital Economy: Discussion (26 Apr 2018)

John McGuinness: What would Mr. Carthy do with Mr. Jonathan Sugarman?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Proposals on Taxation of the Digital Economy: Discussion (26 Apr 2018)

John McGuinness: What can be done to assist Mr. Jonathan Sugarman who seems to be the only one who told the truth? It can be said his life has been destroyed by the fact that the Central Bank of Ireland did not respond and does not seem to care about the fact that there was more than one.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Proposals on Taxation of the Digital Economy: Discussion (26 Apr 2018)

John McGuinness: To which one is Mr. Hayes referring?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Proposals on Taxation of the Digital Economy: Discussion (26 Apr 2018)

John McGuinness: That of Mr. Jonathan Sugarman.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Proposals on Taxation of the Digital Economy: Discussion (26 Apr 2018)

John McGuinness: It has closed it down.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Proposals on Taxation of the Digital Economy: Discussion (26 Apr 2018)

John McGuinness: We have a letter from Ms Danièle Nouy on the Single Strategic Mechanism, SSM, and so on. We attempted to get her to come to a committee meeting. Separately, as Mr. Hayes knows - we thank him for his help - we invited Mr. Draghi, but it is almost impossible to get them to come here. One would imagine that there would be far greater interaction between these individuals and committees...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Proposals on Taxation of the Digital Economy: Discussion (26 Apr 2018)

John McGuinness: I have two points to put to the delegates that have absolutely nothing to do with this committee. First, on trade between the European Union and Taiwan, in Taipei there is a European Union office, from which the larger countries work. They include Germany, France and some of the others, but Ireland has to observe the one China policy, which we and everyone else does. It does not...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Proposals on Taxation of the Digital Economy: Discussion (26 Apr 2018)

John McGuinness: Mr. Carthy should look at it. It would be very worthwhile.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Proposals on Taxation of the Digital Economy: Discussion (26 Apr 2018)

John McGuinness: Up against the forces of the State.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Proposals on Taxation of the Digital Economy: Discussion (26 Apr 2018)

John McGuinness: I appeal to the witnesses to make the voices of the late Ms Mary Phelan and Ms Lucia O'Farrell heard. They are being blackguarded by this State and they are looking to the witnesses for resolution. I thank both MEPs for coming along this morning. I appreciate their input. I should have put apologies from Ms Marian Harkin, MEP on record earlier. I forgot to do that. We note that now and...