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)
10:20 am
Stephen Donnelly (Wicklow, Independent) | Oireachtas source
It sounds as if the Minister's officials have been briefed by the Irish Cancer Society, ICS. The section has two parts - remove the ad valorem tax and cap it. My understanding is that this might be difficult in terms of complying with EU regulations, but would the Minister consider a maximum price? If the total sales price can be capped, the ad valorem price would fall and the specific price would increase, squeezing the manufacturers' price. I assume this is the ultimate aim.
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