Its been claimed that Fine Gael could be helping multinationals to avoid public scrutiny of their tax affairs.
Last night, in a joint vote, the European Parliament’s Economic and Monetary Affairs Committee and Legal Affairs Committee adopted a report intended to ensure companies publically report on their earnings, staff and tax payments on a country-by-country basis.
However, Sinn Fein’s Matt Carthy claims a number of MEPs, including Fine Gael’s Brian Hayes, voted to insert a major loophole into the document.
He claims a “commercial sensitivity” clause supported by both Fianna Fail and Fine Gael’s groupings renders the report ineffective, and undermines what it is trying to achieve.
Mr Carthy says this is a serious issue………….
Podcast: Play in new window | Download
