EU committee set to probe states’ tax deals

A committee of 45 members of the European Parliament plans to trawl back through more than two decades of national tax agreements with big companies.

The special committee was voted for by an overwhelming majority of members of the Parliament following the LuxLeaks revelations and the ongoing investigation by the European Commission into tax rulings.

Ireland’s Brian Hayes, one of 45 substitute members, said he believes it could be good for Ireland in that it will make MEPs realise Ireland has made big changes to its tax policy while exposing the hypocrisy of other countries’ tax deals.