Simon Harris (Wicklow, Fine Gael) | Oireachtas source

While I am all in favour of efficiency, I had better make a few points. First, I always get nervous, I am sure it is not intended, when recommendations or amendments are tabled that appear to suggest the reason every multinational company is locating in Ireland is to do with corporation tax.That does this country a disservice. I am not suggesting Senator Reilly is but there are many reasons why companies make a decision to locate in Ireland, and taxation is one of them of course. The personal tax levels are also a reason and something we will debate in the coming months. Corporation tax is definitely one. We define the reasons as the three Rs; rate, reputation and regime. The rate matters. I am not referring to a party political regime the Senator will be glad to know-----