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

Another way of describing that is tax piracy. Whether we take my view or the Minister of State's view, what we need is some clarity on this. How many firms are involved? How many jobs do they create? Where is the evidence that jobs are being created? I have given one example of a company where no jobs have been created. Can the Minister tell us any more about this in order that we can make objective judgments about the value of these exemptions? If in the case of one firm we have foregone €90 million worth of tax. Just think about that - we are talking about big money here. A light needs to be shone on this area.

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