Results 9,281-9,300 of 16,492 for speaker:Ciarán Lynch
- Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)
Ciarán Lynch: Mr. Lynch is under time pressure but may want to make a final comment.
- Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)
Ciarán Lynch: We told Mr. Lynch he could go at 4 p.m and the Deputy is catching him at the last minute with a question that he might like to spend more than a few seconds discussing.
- Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)
Ciarán Lynch: I am sure Deputy Doherty is delighted but I do not want to delay Mr. Lynch. I do not want him to miss his flight explaining what he has been writing.
- Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)
Ciarán Lynch: I thank Mr. Lynch for that explanation.
- Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)
Ciarán Lynch: I thank the witnesses for attending.
- Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)
Ciarán Lynch: I wish to inform the committee that I will shortly ask Deputy Twomey to take the Chair. Is that agreed? Agreed.
- Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)
Ciarán Lynch: Is Deputy Twomey sharing time?
- Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)
Ciarán Lynch: What is Mr. Lynch’s interpretation of the reports critical about this jurisdiction?
- Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)
Ciarán Lynch: Was the Governor of California, Mr. Jerry Brown, correct when he said during the week that if California had a tax take like Ireland’s, it could go independent? I felt that was somewhat disingenuous as there is no big pool of tax out there.
- Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)
Ciarán Lynch: How committed is the US to the OECD’s base erosion and profit shifting, BEPS, project?
- Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)
Ciarán Lynch: The BEPS process is being worked out by the OECD, the European Union, G20 and others. Does the process have a relationship with Ireland’s 12.5% corporation tax rate?
- Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)
Ciarán Lynch: There is no connection whatsoever, then.
- Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)
Ciarán Lynch: This is not a process which will involve Ireland having to change its 12.5% corporation tax rate.
- Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)
Ciarán Lynch: What is the European Commission’s view on the Irish rate?
- Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)
Ciarán Lynch: On this morning’s announcement, is it correct the Commission is not investigating the Irish corporation tax rate of 12.5%?
- Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)
Ciarán Lynch: Is it correct that for state-aid to exist, less tax must have been charged than should have been applied under normal tax rules and, in addition, this must have distorted the competition laws in some way?
- Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)
Ciarán Lynch: Can we avoid naming specific companies or countries?
- Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)
Ciarán Lynch: Yes, I accept that but I do not want us drifting into other spaces.
- Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)
Ciarán Lynch: I thank Mr. Lynch. As we must be cognisant of the time I suggest that questions and answers be concise. Perhaps Mr. Philip Kermode can indicate where the European Union and the OECD are co-ordinating their position in regard to of the base erosion in profit shifting initiative. What is the interface between the European Union and the OCED and how is that working currently?
- Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)
Ciarán Lynch: Recently, the Department of Finance published its own consultation document on the BEPS. What is Mr. Kermode's view of that document?