Financial giants decline PAC corporate tax meeting

Two multinational financial giants have snubbed an official request to appear before the Dáil’s spending watchdog to answer questions over corporate tax loopholes.

JP Morgan and Citibank have formally ruled out appearing before the Public Accounts Committee (PAC).

The PAC last month asked six multinationals with significant bases here to appear before the committee early in the new year due to concerns over our tax system.