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)
1:40 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
The Minister of State is saying the gap between the €70 billion and the €40 billion is explained by reference to the three outlined categories and that the write-offs are fully legitimate because they pertain to capital allowances or royalties, for example, and are in accordance with international standards. I do not understand how our implicit figure is so low compared with the implicit figures for all the other countries if we are all using the same standards and if every state is, roughly speaking, applying the same rules.
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