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)

1:50 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

I welcome the fact the Government will compile a report on this as it is confident that it is correct in this regard. This should be done in a joined-up approach to cover other areas in question. The question is are certain companies aggressively using mechanisms within the tax code to write down their taxable profits and, accordingly, paying a low tax rate. The suspicion is that it is a small number of companies which are pursuing this course. When we get only broad figures from the Revenue, we are not able to get down to the detail, however. That is why we need the information.

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