Written answers

Tuesday, 3 November 2015

Department of Finance

Common Consolidated Corporate Tax Base Proposals

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
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320. To ask the Minister for Finance his position on the introduction of the Common Consolidated Corporate Tax Base; if this issue was ever discussed with the troika; if any commitment was entered into; and if he will make a statement on the matter. [37934/15]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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In June 2015 as part of its 'Action Plan on Corporate Taxation', the European Commission announced that it intends to re-launch its Common Consolidated Corporate Tax Base (CCCTB) proposal sometime in 2016.

Member States have yet to see the specific details of the re-launched CCCTB proposal, and will not see them until the proposal is published in 2016.

On Budget Day, I published an update on Ireland's International Tax Strategy which sets out how Ireland will engage with the EU agenda on tax.  Ireland will constructively engage in discussions on the CCCTB proposal to ensure that Ireland's perspective is fully heard but we will maintain our position that taxation remains an area for unanimous decision making at Council, as laid out in the Treaties.

I can inform the Deputy that, while meetings with the Troika are frequently wide ranging and cover a wide variety of subjects, no commitment in relation to the CCCTB proposal was entered into by Ireland, nor was the issue a focus of discussions with the Troika.

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