Written answers
Tuesday, 27 November 2012
Department of Finance
Tax Code
Arthur Spring (Kerry North-West Limerick, Labour)
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To ask the Minister for Finance the stance that he will be taking on the proposed action plan put forward by the European Commission to clamp down on tax evasion, through the agreement of a stricter definition of tax havens and the implementation of an anti-abuse clause to prevent double non-payment of corporation tax. [52948/12]
Michael Noonan (Limerick City, Fine Gael)
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As the incoming EU Presidency, Ireland will be working closely with fellow Member States and the European Commission on the Commission’s forthcoming Communication on Aggressive Tax Planning. We plan to devote a number of official level meetings to this topic during our Presidency. Ireland just like other Member States believes in fair tax competition but, building on the work of the Global Forum on Tax Transparency, unfair tax competition is an issue that needs to be examined. As the Communication has not yet been finalised or published, it would be inappropriate to comment on what it might or might not propose.
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