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Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Base Erosion and Profit Sharing: Discussion with Trinity College (17 Sep 2013)

Liam Twomey: Yes.

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Base Erosion and Profit Sharing: Discussion with Trinity College (17 Sep 2013)

Liam Twomey: Professor Barry said American corporations do not want to highlight too much about the Caribbean because it suits both the politicians and the corporations in America. Is that correct?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Base Erosion and Profit Sharing: Discussion with Trinity College (17 Sep 2013)

Liam Twomey: The subject of this meeting is a review of global taxation and architecture in the context of base erosion and profit sharing. I welcome Professor Frank Barry, professor of international business and development at Trinity College Dublin. Professor Barry will make some opening remarks which will be followed by a question-and-answer session. I remind members, witnesses and those in the...

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Base Erosion and Profit Sharing: Discussion with Trinity College (17 Sep 2013)

Liam Twomey: No conspiracy theories now, Deputy.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of 2014 Pre-Budget Submissions: Discussion (Resumed) (12 Sep 2013)

Liam Twomey: We will have ten-minute slots for discussion with time for supplementary questions at the end.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of 2014 Pre-Budget Submissions: Discussion (Resumed) (12 Sep 2013)

Liam Twomey: I welcome Mr. John Dolan from the Disability Federation of Ireland, DFI; Mr. Pat McCormack and Mr. John Enright from the Irish Creamery Milk Suppliers Association, ICMSA; and Ms Yvonne Woods and Ms Yvonne O'Sullivan from Free Legal Advice Centres Limited, FLAC. Submissions received by the committee and a summary paper were circulated to members in advance of the meeting. The format of the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of 2014 Pre-Budget Submissions: Discussion (Resumed) (12 Sep 2013)

Liam Twomey: I will pass those comments on to the Ministers.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of 2014 Pre-Budget Submissions: Discussion (Resumed) (12 Sep 2013)

Liam Twomey: We will take that on board. I thank Dr. Rigney, Dr. Healy, Ms O'Brien, Mr. Stewart, Mr. Doorley and Ms Irwin for their submissions and discussions here today. It has been informative and useful for us. I hope we can build on some of the points they made and that it can genuinely add to what we are doing in this committee. I certainly found it informative and there will be some points I...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of 2014 Pre-Budget Submissions: Discussion (Resumed) (12 Sep 2013)

Liam Twomey: Based on what I have heard from the representatives of the many organisations who have appeared before the committee yesterday and today, there appears to be a sense that we are all living in silos with our own concerns. Politically speaking, there is a bit of that in that we all seem to have our own viewpoint. Deputy Boyd Barrett spoke about austerity. I believe we have come a long way in...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of 2014 Pre-Budget Submissions: Discussion (Resumed) (12 Sep 2013)

Liam Twomey: The Deputy should have been here when he was the Minister for Finance. I think there may be a little more realism now. I ask that when addressing the committee the witnesses be as robust as possible with us, not just about their own organisations but about others too because we have a long way to travel in this country before we get this right. If anybody has any concluding remarks to make...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of 2014 Pre-Budget Submissions: Discussion (Resumed) (12 Sep 2013)

Liam Twomey: The witnesses would have no time to answer it. I ask Dr. Healy to give brief replies, because time is against us.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of 2014 Pre-Budget Submissions: Discussion (Resumed) (12 Sep 2013)

Liam Twomey: Would Mr. Stewart like to make some brief comments?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of 2014 Pre-Budget Submissions: Discussion (Resumed) (12 Sep 2013)

Liam Twomey: I must cut Ms O’Brien short. I hope that in doing so members will ask questions in their contributions.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of 2014 Pre-Budget Submissions: Discussion (Resumed) (12 Sep 2013)

Liam Twomey: Senator Hayden is seven minutes into her contribution.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of 2014 Pre-Budget Submissions: Discussion (Resumed) (12 Sep 2013)

Liam Twomey: I suggested we would have plenty of time afterwards. We are running short of it as we speak.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of 2014 Pre-Budget Submissions: Discussion (Resumed) (12 Sep 2013)

Liam Twomey: I will ask Ms Irwin to start because I have a feeling I will be cutting some others short on this as well.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of 2014 Pre-Budget Submissions: Discussion (Resumed) (12 Sep 2013)

Liam Twomey: Sorry Dr. Healy or someone near him might have a telephone in his or her pocket. There is strong interference affecting the speaker system.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of 2014 Pre-Budget Submissions: Discussion (Resumed) (12 Sep 2013)

Liam Twomey: If Deputy Sean Fleming does not object, I will give everyone an opening slot of ten minutes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of 2014 Pre-Budget Submissions: Discussion (Resumed) (12 Sep 2013)

Liam Twomey: We are now back in public session. I welcome Dr. Peter Rigney and Dr. Tom Healy from the Irish Congress of Trade Unions, Ms Bríd O’Brien and Mr. John Steward from the Irish National Organisation of the Unemployed, Mr. James Doorley from the National Youth Council of Ireland and Ms Ann Irwin from the National Women’s Council of Ireland. Members were circulated with the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of 2014 Pre-Budget Submissions: Discussion (Resumed) (12 Sep 2013)

Liam Twomey: I thank Mr. Martin, Ms McGettrick, Mr. Dunne, Mr. Harty, Mr. Bryan and Mr. Smith for their submissions and presentations today. The discussion has been very useful. We have learned a few things that we will follow up as a committee.

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