Oireachtas Joint and Select Committees

Wednesday, 10 July 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Invest in Irish Job Scheme: Discussion.

3:45 pm

Photo of Stephen DonnellyStephen Donnelly (Wicklow, Independent) | Oireachtas source

I have a question for the Vice Chairman and the committee secretariat.

The Revenue Commissioners would be able to provide some analysis on this issue. Could the committee request that the latter run both scenarios, namely, that which is before us and another based on a range of perhaps 10%, 20% or 30% in tax forgone? I would be interested in discovering whether we are discussing a marginal difference here. If we are, then the best course of action is to go with the scenario that works. If not, will the money involved increase from €200 million to €2 billion if our guests were to get 10% rather than a set amount? Could we make a request to the Revenue Commissioners and the Department of Finance in this regard?

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