"Ireland only taxes the profits of such enterprises [petroleum exploration and production]. There is no per unit tax or levy as in other countries and Ireland's tax rate is relatively low. The State also does not take an ownership stake in the field or demand royalties. Thus on this basis, Ireland's tax regime is generous in comparison to that of other countries. "
"Shell made €18.2bn profit in the first 9 months of 2011, and yet still got a €12.7m tax credit from the Irish exchequer last year. Enda Kenny talks about making tough choices, which he seems to think means going after pensioners and the other vulnerable people of our society. Yet he and his Government are continuing the policy of giving away our valuable oil and gas resources to these outrageously rich companies, with no benefit to the country"
