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)
1:30 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
Let us be honest, every other group in Irish society has been scrutinised intensely over the past four or five years to extract more. Rightly or wrongly, that is what has happened. The same level of scrutiny needs to be applied to these corporations.
Broadly speaking, the question I want answered, on which I got some information but which has not really been answered, relates to that big gap between the €70 billion total profits declared and the €4.2 billion total tax paid. There seems to be two points. The first is the move from the €70 billion total to the €40 billion taxable, and then from the €40 billion taxable to the €4.2 billion.
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