Revenue denies ‘special’ tax deals

The Government does not negotiate individual tax rates or tax arrangements with multinationals, Revenue’s Eamonn O’Dea told the Oireachtas finance committee hearing into taxation.

Ireland’s corporate tax rate has come into focus over recent months following US Senate hearings which found that Apple had significantly reduced its tax rate through Irish-registered companies.

Moreover, it emerged last week that the European Commission has launched a probe into Ireland’s tax system.