Oireachtas Joint and Select Committees
Thursday, 19 September 2013
Public Accounts Committee
Annual Report and Accounts 2012: Discussion with IDA Ireland
11:10 am
Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source
I welcome Mr. O'Leary and his colleagues. I wish to address a number of points on a national level before I deal with the regions, being a Deputy from Limerick. Various discussions were held about the corporation tax rate. Has the IDA carried out work to compare the margin between our effective and actual rates with the margins of our competitors? Ireland offers transparency. In other countries, the margins are significant.
How has the ending of patents affected the pharmaceutical sector? What measures can be put in place to counteract the effects?
I wish to address the IDA's interaction with NAMA in terms of, for example, the office space that is made available in city centre environments. We have encountered this issue in Limerick.
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