Multinational Profits for Irish Research
Taylor urged the Minister to press multinationals to retain profits in Ireland for R&D rather than repatriating them; McCarthy said the Government would encourage them to establish research facilities here.
Is the Minister prepared to give a clear-cut commitment to the House that he will tackle the multinationals and induce them to stop repatriating all their profits down the black hole and retain a substantial proportion in this country for research and development purposes? Will the Minister give an assurance that he will tackle them in a positive way on that subject now?