Oireachtas Joint and Select Committees

Tuesday, 27 May 2014

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation

Ireland's Corporate Tax System: Discussion

5:00 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

I have two other quick questions and the answers will have to be brief because I do not have much time. I am back-tracking a little bit. Tax deferral, as opposed to tax evasion, might be legal but Mr. Keegan made a good point which is worth underlining. Perhaps he can confirm this point. If one can defer tax there is a huge amount at stake, is there not? To take the comparison with an individual, if we did not have to pay our property tax and water charges for ten, 15 or 20 years, but had to pay them way down the line, that would be a pretty significant benefit. Ordinary individuals do not get the opportunity to do that.

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