Wednesday, 29 May 2019

Questions (77)

Micheál Martin


77. Deputy Micheál Martin asked the Minister for Finance if the OECD report on corporation tax was discussed at recent EU Ecofin meetings or when he met his EU counterparts. [22677/19]

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Written answers (Question to Finance)

I recently had the opportunity to discuss the OECD work with some of my EU counterparts on the margins of Eurogroup, and there was a more in depth discussion at Ecofin, where I was represented by Minister D’Arcy.

It was agreed at the ECOFIN that the various OECD tax proposals should continue to be discussed at EU level to try and identify common areas of interest or concern. The regular taxation working parties have been mandated to explore possible areas of EU convergence, and will update Ecofin on a regular basis.

Discussions with our fellow EU Member States are important in terms of refining our understanding and maximising our contribution to the debate at OECD. We also need to explore how the various proposals at OECD may impact EU law.

Last week I attended the OECD Ministerial Council Meeting in Paris which presented a further occasion to discuss the OECD proposals with fellow Ministers.