Oireachtas Joint and Select Committees

Wednesday, 2 October 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Financial Transaction Tax: Discussion with Department of Finance

3:25 pm

Ms Brenda McVeigh:

We did not meet with representatives of the IFSC Clearing House Group, but we did meet with representatives of the funds industry. We have also taken advice from the NTMA, the Central Bank and the ESRI. We have met with the likes of American Chamber of Commerce Ireland and so on, so we have gone outside the FTT zone itself and looked at the impact that might occur in respect of our institutions trading with America. The only group that we have met so far that have been in favour of the tax has been Social Justice Ireland. That group's representatives had pre-budget discussions-----

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