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)
12:40 pm
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
Therefore, what was happening was that companies which were incorporated and tax resident in Ireland were shifting profits to non-tax resident companies that were also incorporated here. Now, however, they will all be tax resident here, but there will be no financial gain to the State.
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