Oireachtas Joint and Select Committees

Thursday, 7 March 2013

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

Finance Bill 2013: Committee Stage (Resumed)

12:55 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

I seek in my contribution, and this has been stated in a number of contributions in this regard, to shine a light on these areas. There is a veil of secrecy hanging over them. I would point out to Deputy Twomey that I was not the only one who raised the issue of this company. It was covered in The Irish Times. I picked up on it in questions taken in the Dáil and put the issue to the Minister as others may have done as well. It was shocking to discover that an aircraft leasing firm that was a subsidiary of General Electric, one of the biggest companies in the world, was paying less than 1% tax here. That was written about in The Irish Times in the middle of last year.

What we are dealing with here is stamp duty exemptions for firms in this sector.

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