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
Mr. Brian Keegan:
I have a last observation. The Deputy mentioned a possible abuse of research and development. Research and development claims are made under the self-assessment system and are routinely audited by the Revenue Commissioners. Revenue has the power to bring in outside experts specifically to look at research and development claims if it is unhappy with them. In case there is any misapprehension that there would be widespread abuse, I suspect that is one area where it is fairly tightly policed.
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