59 Mr. Collins asked the Minister for Finance if he will give details of the income tax regime which applies to foreign business executives living in this State and working for foreign companies; and the way in which this regime corresponds with the tax provisions for expatriate executives in other EC member states.

I understand from the Revenue Commissioners that the Irish tax treatment of an individual who comes to Ireland for employment will depend on a number of factors including:

—whether the individual is resident in Ireland for tax purposes;

—whether the individual is domiciled in Ireland; and

—the existence of a Double Taxation Agreement between Ireland and the country from which the individual has arrived.

The Deputy will appreciate that this is a complex area and that it is difficult to provide general information which will suit all circumstances. However, the following is the position in the case of certain categories of individuals who come to Ireland for employment:

—individuals who are resident in Ireland but not domiciled here are taxable on Irish and United Kingdom income and on remittances of income arising from securities and possessions outside the State;

—individuals who are non-resident in Ireland are taxable on all income arising in Ireland: income arising from securities and possessions outside the State is exempt from Irish tax; and