Joan Burton (Dublin West, Labour)
Link to this: Individually | In context | Oireachtas source

60. To ask the Minister for Finance the contact he has had with the European Commissioner for Economic and Financial Affairs, Taxation and Customs, Pierre Moscovici, regarding the common consolidated corporate tax base since December 2016. [39709/16]

Michael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source

The European Commission's proposal for a Common Consolidated Corporate Tax Base was published in October and discussed at the November ECOFIN meeting at which both Commissioner Moscovici and I were present. During the discussion, which was held in public session, a number of my fellow Ministers gave some initial impressions of the proposal.

At the December ECOFIN, Council Conclusions were approved in respect of the Commission's wider package which includes the CCCTB proposal but there was no specific discussion of the proposals at that meeting. 

No other specific contact has occurred between myself and Commissioner Moscovici on the proposal since then.

Michael McGrath (Cork South Central, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

61. To ask the Minister for Finance his views on the latest set of common consolidated corporate tax base proposals from the European Commission; his further views on whether these proposals would have a significantly negative impact on Ireland; and if he will make a statement on the matter. [1728/17]

Michael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source

The European Commission's proposal for a common consolidated corporate tax base (CCCTB) was published at the end of October 2016.  It is a highly complex and technical proposal and time will be needed for all Member States to fully consider and discuss the proposal.  As with all EU files, Ireland will engage constructively on the CCCTB proposal while critically analysing whether it is in our long-term interests.  Analysis of the proposal is now underway to assess what the impact of the proposal would be on Irish corporation tax revenue.  The proposal is also likely to be subject to significant changes as discussions between Member States begin under Maltese Presidency. As always, tax remains a matter of Member State competence and unanimity is required before any tax proposals can be agreed.