Dáil Éireann Debate, Tuesday - 7 February 2017
181. Deputy Jim O'Callaghan asked the Minister for Finance his views on CCCTB; if the matter has been raised recently with the European Commission and-or the Council of Ministers and, if so, their response; and if he will make a statement on the matter. [5911/17]
Amharc ar fhreagraThe European Commission's proposal for a Common Consolidated Corporate Tax Base was published in October and discussed at the November ECOFIN meeting. During the discussion, which was held in public session, a number of my fellow Ministers gave some initial impressions of the proposal.
At the December ECOFIN, Council Conclusions were approved in respect of the Commission's wider package which includes the CCCTB proposal but there was no specific discussion of the proposals at that meeting. The European Commission was represented at both of those meetings.
The CCCTB is a complex and detailed proposal and Member States will need to fully analyse and consider its potential impact on national tax systems. Member States will discuss and debate the various aspects of the proposal in the relevant tax working parties. Ireland will constructively engage with the proposal while assessing whether it is in line with our long term interests.
