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

3:35 pm

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

It has a very significant bearing on us in particular.

Let us go back to an earlier point. Ms McVeigh referred to the financial sector making a contribution towards the cost of the crisis. This financial transaction tax is on the actual transactions, not the banks or financial houses. They will pass it on to the customer.

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