Dáil Éireann Debate, Wednesday - 22 January 2014
101. Deputy John Paul Phelan asked the Minister for Jobs, Enterprise and Innovation if the new competition Bill will contain a provision requiring the large multiple retailers who operate in different jurisdictions to publish annually their profits from Ireland; and if he will make a statement on the matter. [3020/14]
View answerIt is important to note that the contents of the financial statements of companies are governed by relevant EU Company Law Directives and Regulations and by the applicable accounting standards. There are no plans to amend this disclosure regime in relation to specific sectors in the economy, as this would be open to accusations of discrimination and, were it to be required generally in the economy, it could have implications in terms of business costs and attracting foreign direct investment to Ireland.
