Derek Nolan
Question:78. Deputy Derek Nolan asked the Minister for Finance when he expects the spillover analysis commissioned by his Department to be completed and published; and if he will make a statement on the matter. [22824/15]
View answerThursday, 11 June 2015
Questions (78)
Written answers
The Spillover Analysis research project commenced by my Department in 2014 forms part of a commitment, contained in Ireland's International Tax Strategy (2013), to engage constructively and respectfully with developing countries in relation to tax matters, to support such countries in raising domestic tax revenues in ways that are more efficient, that promote good governance and equitable development and that can allow them to eventually exit from a dependence on official development assistance.
As part of this commitment, and in response to calls from the G-20 and from civil society groups for all countries to have an awareness of this issue in formulating tax policy, the aim of the Spillover Analysis is to research what impact, positive or negative, Ireland's tax system may have on the economies of developing countries.
This analysis consists of two elements:
1. A public consultation, which was completed in 2014, and
2. A detailed evaluation of the interaction of the Irish tax system with the economies of developing countries.
This second element is now reaching its conclusion, and I expect that the final report incorporating both elements of the project will be completed and published in the near future.