Carthy - Irish Government must no longer bury its head in the sand over tax
Sinn Féin MEP Matt Carthy responded today to news that the EU Commission is investigating "illegal state aid" given to Apple over the last 20 years.
"The publication today of a letter from the EU Commission to the Irish Government proves how serious the situation is regarding Ireland's treatment of Multinational Corporations.
"There has been an international move towards greater tax transparency and Ireland should play a full enthusiastic role in that process.
"It has been two years since Pearse Doherty wrote to the Oireachtas Finance Committee seeking to call in Apple and other multinationals to discuss their tax affairs yet the Government voted this down in the sub-committee that was established
"Sinn Féin believes that the tax levied on MNCs should be no more and no less fair than the tax levied on indigenous companies, who generally pay the headline rate of corporation tax and cannot use international tax planning to reduce, proportionately, their tax bills.
"We will defend Ireland's right to set its own Corporation Tax Rate but that is not what this investigation is about. The Government must take their head out of the sand and start ensuring that every company in Ireland is paying the full legal tax rate to the state.
"Any money recouped from these companies must be invested back in to the Irish economy.