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Corporation Tax Regime

Dáil Éireann Debate, Tuesday - 21 January 2014

Tuesday, 21 January 2014

Questions (326)

Jonathan O'Brien

Question:

326. Deputy Jonathan O'Brien asked the Minister for Jobs, Enterprise and Innovation the input from his Department to the Department of Finance report, Principal Risks to Ireland’s Corporation Tax Strategy; if he has read the report; and his views on the report. [2951/14]

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Written answers

The policy responsibilities of the Minister for Finance include tax policy. The policy responsibilities of the Minister for Jobs, Enterprise & Innovation include foreign direct investment and jobs.

The Tax Strategy Group is the forum through which the impact of tax policy on foreign direct investment and jobs is deliberated on. The Tax Strategy Group is an inter-departmental group of senior officials and political advisors, chaired by the Department of Finance. The Tax Strategy Group meets regularly in advance of each Budget. The Department of Finance prepares the papers for discussion at each Tax Strategy Group meeting.

The Report referred to, Principal Risks to Ireland’s Corporation Tax Strategy, was an earlier version of a Corporation Tax paper presented to the Tax Strategy Group in advance of Budget 2014. The discussion of the Corporation Tax paper at Tax Strategy Group was part of the process of developing the Budget Day publication: Ireland’s International Tax Strategy. I fully support Ireland’s corporation tax Strategy as set out in the publication: Ireland’s International Tax Strategy.

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