Seanad debates

Wednesday, 8 November 2017

10:30 am

Photo of Jerry ButtimerJerry Buttimer (Fine Gael) | Oireachtas source

I thank the 21 Senators who contributed to the Order of Business. Senators Ardagh and Conway-Walsh raised the issue of the Paradise Papers. I join with Senator Ardagh in saying that, as a society and State, there can only be one tax code for all citizens. Any complex, labyrinthine way of getting around the paying of tax by tax residents of this country should be eroded. We all agree with that. The more people who pay tax, the more people we can have availing of essential public services. It is important to recognise the importance of taxation in our economy, whether direct or indirect. Senator Conway-Walsh referred to the Apple issue in the context of the Paradise Papers. Ireland has acted to address definitively the issues around stateless and double Irish status companies. When the Minister, Deputy Donohoe, comes to the House he will be discussing the changes he has already brought forward for a regime for capital allowances. Ireland has always been very compliant despite the Senator's protestations. We will play and we have played a full part in implementing international tax law. The Senator need not be so dismissive. I know the Sinn Féin Party does not like to hear good news.

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