A new survey shows that only 36% of people trust multinational companies to provide accurate tax information.
The RED C survey, conducted on behalf of the charity Christian Aid, also shows that 70% of people believe multinational tax avoidance schemes are morally wrong even if they are legal.
76% of respondents believe that greater transparency around the activities of multinationals would be useful in determining whether multinationals are paying the correct amount of tax.
According to the poll, Ireland’s international reputation also suffers as a consequence of our tax policy, with less than 30% of people believing Ireland’s international standing is unaffected by our tax policy.
Commenting on the results, Head of Advocacy at Christian Aid Sorley McCaughey said: “Scandals like Lux Leaks demonstrate that while PAYE workers, and Small and Medium Enterprises pay top rates of tax, some multinationals get away with paying next to nothing.
“What galls people is that Irish tax policy has been key to multinationals successfully avoiding the payment of vast sums of tax.”
Christian Aid hopes the poll will put pressure on the Government to support efforts in the EU to introduce new reporting requirements for multinationals.