Oireachtas Joint and Select Committees

Tuesday, 17 September 2013

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation

Base Erosion and Profit Sharing: Discussion with Trinity College

3:25 pm

Professor Frank Barry:

It is called the effective marginal tax rate. The effective average tax rate is the one that is important for attracting in a multinational, the effective marginal tax rate is the one that applies when a multinational is here and what will be the effective tax rate if it expands its factory or something like that. I did not include that in the slide shown here.

On the numbers, which I guess I read about in the newspapers at the time, the €70 billion versus the €4 billion giving an effective rate of 6.2%, if that is an official Government statement-----

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