Taoiseach Enda Kenny declined to mention individual companies when reacting to the LuxLeaks revelations this morning.

The Irish Times revealed this morning that Irish food multinational Glanbia put more than €1 billion into companies in Luxembourg that have no employees but serve to reduce its tax bill here.

Other companies secured similar deals from Luxembourg, as did members of the Sisk construction family.

“Clearly this affects all countries and we’ve very happy to participate and be upfront and play our part with all other countries in bringing about a global response to this particular phenomenon,” Mr Kenny said.

“Don’t mention individual names,” he added.

The OECD is currently examining how to curtail BEPS schemes, which numerous global firms use to cut their tax payments.

Tánaiste Joan Burton said the matters should be addressed through international cooperation.

“I think they’re very important issues and I think the way to address questions around taxation is to have clear international codes and Ireland is working with the OECD and other international organisations to cooperate and provide a mechanism for addressing this kind of issue.”

Mr Kenny and Ms Burton were speaking in Government Buildings this morning after launching a progress report on the Coalition’s Action Plan for Jobs.