Joan Burton (Dublin West, Labour)
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89. To ask the Minister for Jobs, Enterprise and Innovation if she has examined the decision by the European Parliament to vote in favour of a directive to require companies to require big multinationals to report tax and financial data separately in all countries in which they operate; and if she will make a statement on the matter. [32375/17]

Frances Fitzgerald (Dublin Mid West, Fine Gael)
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The European Commission adopted its Proposal for a Directive to amend the Accounting Directive as regards disclosure of income tax information by certain undertakings and branches in April of last year. Since then, both the European Parliament and the Council have each been considering that Proposal, as part of the normal co-decision legislative process.

At its plenary session on 4 July last, the European Parliament adopted a Report, which supports the objectives of the draft Directive and proposes several amendments, on a range of issues, to the original Commission Proposal. The effect of some of those amendments would be to require large multinational companies to break down the corporation tax paid in each country in which they have operations, and not just in EU countries and some non-EU jurisdictions as the original Proposal provided. That Report will form the basis of the Parliament’s position in the trilogue negotiations between it, the Council and the Commission.

For the moment, the Council is continuing its examination of the Commission’s Proposal and considering its own recommendations for amendments. As the Council has not adopted its own common position, trilogue negotiations have not yet been scheduled.

In the meantime, officials in the Department are examining the Parliament’s Report as part of preparing the Irish position for those trilogue negotiations.