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Apple Tax and Panama Papers to feature at Sinn Féin event

22 September, 2016

The Apple tax scandal is likely to feature prominently at a Forum in the European Parliament Offices in Dublin tomorrow morning, Friday, 23rd September, hosted by Sinn Féin MEP Matt Carthy.

The roundtable discussion entitled Tax Justice, Not Tax Havens will bring together activists and academics from across Ireland and, among other issues, will discuss tax avoidance strategies by multinationals in Ireland and the shortcomings in Irish tax law that need to be addressed.

It will also deal with the Panama Papers revelations and international efforts to combat tax avoidance, tax evasion  and money laundering.

Speaking in advance of the event Matt Carthy MEP, who is a member of the European Parliament’s Panama Papers Inquiry Committee said:

“Ireland is currently in the international news headlines for all the wrong reasons - corruption and global tax avoidance.

“Meanwhile, many people are looking on in dismay and disbelief as Fine Gael, Fianna Fail and the Labour Party seek to ingratiate themselves with the Apple corporation by appealing a decision that says Apple owes €13 billion to Irish citizens in unpaid taxes.

“But corporate corruption and tax avoidance are not just an issue for Ireland. The scale of the corruption revealed in the Panama Papers leak, and Wednesday's publication of the Bahamas Corporate Registry which were published in April, shocked even hardened observers of tax-dodging and money-laundering.

“Ireland’s reputation is being damaged by all of these scandals and there is an urgent need for policy makers to discuss how we can turn this situation around. That is what tomorrow’s event is all about.

“I am particularly looking forward to the contributions of guest speakers Nicholas Shaxson of Tax Justice Network and author of Tax Havens and the Men who Stole the World and Prof Jim Stewart of Trinity College.”

Tomorrow’s event take place at the European Parliament offices, 12-14 Lower Mount Street, Dublin 2 and is open to the media.

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