Thursday 21 September 2017

Warm reception for tax talks

ONE good thing about this job is you get to witness historic moments. The IMF arriving in Dublin, the bank guarantee, the visit of the Queen and President Obama.

On Tuesday, The Punt was lucky enough to see another historic, albeit perhaps less significant, event: An oireachtas committee hearing evidence by video link for the first time.

The newly formed oireachtas sub-committee on global taxation is hearing from various academics and business figures on how the world's corporate tax system works. This, of course, follows the US probe into how Apple does business here and the UK investigation into Google's Irish office.

Not all the witnesses can attend in person, however.

Yesterday, the director of the OECD's centre for tax policy and administration, Pascal Saint-Amans (pictured), gave evidence by video link.

The connection was dodgy and Mr Saint-Amans was cut off completely once, but overall The Punt reckons it was a great success, if for no other reason than it made the meeting one of the most disciplined hearings we have attended. There was no ranting or raving, just direct, precise, questions.

If this keeps up we will heartily recommend every meeting be held in such a manner.

Irish Independent

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