I move:
That Seanad Éireann:
(1) notes the agreed Report of the Joint Committee on Finance, Public Expenditure and Reform, and Taoiseach under Standing Order 107 on the Proposals for a Council Directive on a Common Consolidated Corporate Tax Base (CCCTB) – COM (2016) 683 and for a Council Directive on a Common Corporate Tax Base – COM (2016) 685 which was laid before Seanad Éireann on 14th December 2016 in accordance with Standing Order 107(3)(b);
(2) having regard to the aforementioned Report, and in exercise of its functions under section 7(3) of the European Union Act 2009, is of the opinion that the Proposals for a Council Directive on a Common Consolidated Corporate Tax Base (CCCTB) – COM (2016) 683 and for a Council Directive on a Common Corporate Tax Base – COM (2016) 685, do not comply with the principle of subsidiarity for the reasons set out in paragraph 3 of the Report, and
(3) notes that, pursuant to Standing Order 107(3)(d), a copy of this Resolution together with the reasoned opinion and the aforementioned Report shall be sent to the Presidents of the European Parliament, the Council and the Commission.