EU Commissioner Pierre Moscovici to brief Finance Committee on EU Corporate Taxation Strategy

23 January 2017

The agenda for the meeting is as follows:

EU Corporate Taxation Strategy including the Corporate Tax Reform Package published by the European Commission on 25 October 2016 [Mr. Pierre Moscovici, Commissioner for Economic Affairs, Taxation and Customs, European Commission]

The Common Consolidated Corporate Tax Base (CCCTB) aims to overhaul the way in which companies are taxed in the Single Market, delivering a growth-friendly and fair corporate tax system.

Committee Chairman, John McGuinness TD, said, “Ireland's corporate tax rate of 12.5% is one of the main drivers of our economy. As such, any proposals to alter the corporate tax realm at a European level must be closely scrutinised. Committee members will focus on how the CCCTB will affect the ways in which different member states comply with the very many different tax regimes in operation. Previous attempts to negotiate a common tax base proved unsuccessful, and in the face of Brexit, the talks are likely to become even more complex. Committee members will wish to engage with Commissioner Moscovici on how we can ensure effective taxation, while safeguarding Ireland’s competitive tax rate.”

Committee proceedings can be viewed live here.

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ENDS/