Oireachtas Joint and Select Committees
Wednesday, 27 November 2013
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Finance (No. 2) Bill 2013: Committee Stage (Resumed)
12:00 pm
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
So it is not a timing issue as such, because that restriction was to remain in place indefinitely and the banks could only use 50% of the losses forward to restrict our tax liability.
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