Oireachtas Joint and Select Committees
Thursday, 19 September 2013
Public Accounts Committee
Annual Report and Accounts 2012: Discussion with IDA Ireland
10:40 am
Shane Ross (Dublin South, Independent) | Oireachtas source
The reports were clear that a large sample of companies were claiming tax credits incorrectly, approximately €5 million had to be returned. It is alarming that if that sample is correct, the issue might be widespread and it would have to be remedied because it might raise concern overseas.
Do the companies use research and development as a tax reduction strategy or are the claims completely authentic?
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