Corporation Tax Regime

Dáil Éireann Debate, Tuesday - 4 November 2014

Tuesday, 4 November 2014

Questions (329)

Pearse Doherty

Question:

329. Deputy Pearse Doherty asked the Minister for Finance if the corporation tax measures in the Finance Bill 2014 have been approved by the EU Commission on state aid grounds. [41833/14]

Written answers

Minister for Finance

I wish to advise the Deputy that approval of the EU Commission under State aid rules has not been sought for the corporation tax measures in Finance Bill 2014. Such approval is not required as the measures in the Bill, including those I announced in the Budget, involve modifications and enhancements to our general corporation tax regime which do not give rise to State aid. Where measures in the Finance Bill, such as some of the changes to the Employment and Investment Incentive, have been identified as requiring EU Commission approval, they will not come into effect until the approval process has been completed.