Tax Code.

Dáil Éireann Debate, Tuesday - 23 May 2006

Tuesday, 23 May 2006

Questions (97)

Ciarán Cuffe

Question:

148 Mr. Cuffe asked the Minister for Finance his views on Prime Minister Juncker’s informal proposal for a windfall tax on the profits of oil companies in Finance Ministers’ informal discussions on the matter; and if he will make a statement on the matter. [19206/06]

Written answers

Minister for Finance (Mr. Cowen)

I would regard our present corporation tax system as a balanced one and designed to meet the needs of the economy. There are no proposals being considered to change it on the lines suggested by the Deputy.