Firms face grilling by PAC on tax loopholes

The Public Accounts Committee has formally written to Google, Apple and other major multinational firms based here ordering them to answer questions on the tax loopholes they target in this country.

Firms face grilling by PAC on tax loopholes

PAC chair and Fianna Fáil TD Sean Fleming confirmed the move was taken yesterday in response to the Paradise Papers revelations.

Mr Fleming said “those letters have now been issued” and that he expects the firms — Google, Apple, Citibank, GSK, JP Morgan, and Pfizer — to appear “in early 2018”.

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