Written answers

Wednesday, 18 September 2013

Photo of Michael Healy-RaeMichael Healy-Rae (Kerry South, Independent)
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162. To ask the Minister for Finance his plans to ensure that the taxation system for multinational companies is retained to ensure that this country remains an attractive destination for these multinational companies who give much needed employment; and if he will make a statement on the matter. [37184/13]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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A competitive corporate tax offering is a central plank of our economic recovery strategy and I am happy to advise the Deputy that the Government is fully committed to the12.5% corporation tax rate, which has the support of the vast majority of the members of this House. The changes that I announced in Budget 2013 and introduced in Finance Act 2013 highlight the on-going work by my Department to ensure that the Irish corporate tax offering stays competitive as we work to attract investment and jobs to Ireland. This year, this included further enhancements to the Research and Development tax credit regime and the introduction of a tax regime for Real Estate Investment Trusts as well as a package of measures to assist the small and medium enterprise sector (among others).

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