Seán Sherlock (Cork East, Labour)
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226. To ask the Minister for Finance the engagement he has had with IBEC on US tax reform and the impact on Irish exporters. [19233/17]

Michael Noonan (Limerick City, Fine Gael)
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I am aware that there is extensive commentary on the prospects of US tax reform taking place in the near future. Proposals for US tax reform are, at this stage, just proposals. Agreement between the U.S. House of Representatives, the U.S. Senate and President Trump is needed before any changes can be introduced.

The exact implications for Ireland, and the rest of the world, will depend on the exact nature of any changes which may ultimately be agreed. Global business, from the US or elsewhere, will always want to have operations in the EU, and Ireland will remain very competitive and attractive as an EU location to invest in and do business from. Ireland’s corporation tax regime will continue to offer long term certainty to international business. As always, we will remain alert and responsive to any changes in the global tax environment.

I have not had any specific engagement with IBEC on US tax reform and the impact on Irish exporters. My Department, and the Irish Embassy in the US, are closely tracking the debate and we continue to engage with various stakeholders to ensure that we fully understand the potential impacts of any US reform.