412. Deputy Ged Nash asked the Minister for Finance if his attention has been drawn to an independent report (details supplied) detailing the benefit of the existing retail export scheme on supporting tourism in Ireland; if his attention has been further drawn to the fact that other EU countries such as Spain and France have been reducing their thresholds for comparable retail export schemes in recent years to better position them to attract shoppers to their markets; his views on whether the proposed changes to the retail export scheme threshold rate in the Brexit (Omnibus) Act will severely diminish the competitiveness of tourist focused retailers nationwide, but particularly those in the tourism regions throughout Ireland with a high dependency on returning the United States, Canadian, Chinese and other established tourists; and if he will make a statement on the matter. [32653/20]

Summary

412. Deputy Ged Nash asked the Minister for Finance if his attention has been drawn to an independent report (details supplied) detailing the benefit of the existing retail export scheme on supporting tourism in Ireland; if his attention has been further drawn to the fact that other EU countries such as Spain and France have been reducing their thresholds for comparable retail export schemes in recent years to better position them to attract shoppers to their markets; his views on whether the proposed changes to the retail export scheme threshold rate in the Brexit (Omnibus) Act will severely diminish the competitiveness of tourist focused retailers nationwide, but particularly those in the tourism regions throughout Ireland with a high dependency on returning the United States, Canadian, Chinese and other established tourists; and if he will make a statement on the matter. [32653/20]

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• Retail Sector

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