Dáil Éireann Debate, Thursday - 28 February 2019
66. Deputy Bernard J. Durkan asked the Minister for Finance the extent to which it is expected that Ireland does not become a collector of corporation profits tax in respect of profit earned in jurisdictions other than here; and if he will make a statement on the matter. [10206/19]
Amharc ar fhreagraI assume the Deputy is referring to the Apple State aid case as the European Commission has said publicly that the recovery amount may be reduced if other countries were to require Apple to pay more taxes.
Notwithstanding the appeal that the Government has lodged in the Apple State aid case, Ireland is required to comply with the binding articles of the Commission’s Final Decision and to recover the alleged aid from Apple. As such the collection of the alleged State aid has been completed, with the funds having being transferred to an Escrow Fund in which they will be held until the conclusion of the legal process.
The Commission’s Decision does not change the taxing rights in other countries and what the Commission is referring to here forms part of the regular private tax process for any global company, whereby they are responsible for managing their global tax affairs in the various jurisdictions in which they are located. It is therefore a matter between the company in question and the tax authorities in the various locations where they do business as to whether there are any taxation issues to be addressed and I am not in a position to comment on any such engagement due to the necessity to respect taxpayer confidentiality.
