Oireachtas Joint and Select Committees
Wednesday, 28 May 2014
Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation
Ireland's Corporate Tax System: (Resumed) KPMG and Unite
3:50 pm
Dara Murphy (Cork North Central, Fine Gael) | Oireachtas source
I was very interested when Mr. Taft spoke about targeting certain industries - he mentioned the chemical and perhaps the pharmaceutical sectors - with some additional reliefs that might stimulate them to come into the country. This perhaps would move into a space in which other countries are to be found. I was interested to hear Mr. Taft say this because essentially, this would mean placing small Irish businesses at a disadvantage because in effect, they would be paying a higher corporation tax rate than such pharmaceutical and multinational entities.
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