Apple tax arrangements
Deputy Pearse Doherty accuses the Government of blocking tax transparency and of another sweetheart deal with Apple. The Taoiseach denies any such deal and says the question is better put to the Minister for Finance.
Many Members have waited patiently and there are a few more who wish to speak. With the permission of the House, we will take a few more. Is that agreed? Agreed. I call Deputy Pearse Doherty.
Comment on this
The Taoiseach talked about ending the double Irish. The double Irish still exists and will exist up to 2020 because that is the amendment the Taoiseach supported when he was in Cabinet. He talked about country-by-country reporting. His Government, along with Fianna Fáil, blocked public country-by-country reporting under an EU directive, on which the Government raised the subsidiarity clause.
I make those points because the Government has been dragged kicking and screaming into the issue of tax transparency. It will rely again on that report in which only one country in the world was actually non-compliant.
Comment on this
Let us go down to the details. Four weeks ago I addressed this Chamber when talking about the sweetheart deal the Government did with Apple again. We have the Paradise Papers that confirm my fears that the Government did enter into another sweetheart deal. This deal is at the cost of hundreds of millions of euro of taxpayers' money, which is money we should be investing in housing, health and roads.
Comment on this
If the Taoiseach is so hung up on transparency, will he publish all of the lobbying that took place in 2014 and 2015 for the decision by the Minister to change the intangible assets write-off against profits from 80% to 100%, which is costing this State €750 million per annum?
Comment on this
The biggest beneficiaries are the Taoiseach's friends in Apple.
Comment on this
That is a question that is probably best put to the Minister for Finance but there is no such sweetheart deal.