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It has since signed many bilateral tax agreements and clamped down on money-laundering.
"The U.S. should take the tax agreements with Germany and the United Kingdom as an example.
The documents are mainly Advance Tax Agreements - known as comfort letters.
A Dutch Sandwich involves setting up a middle company in the Netherlands, with which Ireland has favourable tax agreements.
Rather than settling for ever-increasing debt and temporary tax agreements, we need to achieve real and enduring fiscal stability.
The new minister in charge, Carlos Herrera, says this "has to be done correctly", respecting existing tax agreements.
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The tax agreement would permanently expand five credits.
The G-20 governments endorsed a draft of the tax agreement in Moscow in July.
"The tax agreement provides important stimulus to hasten economic recovery and job growth.
We signed the first tax agreement with our largest trading partner, the United States, in 1988.
A tax agreement has not yet been reached for the second phase of the project.
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