Dáil Éireann Debate, Thursday - 17 May 2018
51. Deputy Billy Kelleher asked the Minister for Finance his views on the proposal under the multiannual financial framework, MFF, programmes of a 3% call rate to be applied to a new common consolidated corporate tax base; and the steps taken to protect Irish interests from such a scenario. [21974/18]
Amharc ar fhreagraAs the Deputy may be aware, the European Commission’s proposal for the Multiannual Financial Framework (MFF) 2021-2027 was published on 2 May 2018. I welcome the publication of the proposals which marks the start of an important debate on the future of the EU Budget.
The proposals are detailed and will require careful examination over the coming period, particularly as further details emerge. All relevant Government Departments will examine the full package carefully and to understand the overall implications for Ireland. Ireland will also engage constructively with European partners on these proposals.
By its nature, the Common Consolidated Corporate Tax Base (CCCTB) is a complex and detailed proposal and Member States need to fully analyse and consider its potential impact on national tax systems. Member States are discussing and debating the various aspects of the proposal in the relevant tax working parties. These discussions are at a relatively early stage and much more technical consideration is needed.
Consequently, it is premature to predetermine the outcome of Member States’ discussions, and as such it would not be prudent to rely on resources not yet agreed by Member States for financing the EU budget.
