Oireachtas Joint and Select Committees

Wednesday, 28 May 2014

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

Ireland's Corporate Tax System: (Resumed) KPMG and Unite

3:40 pm

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

I will give the Deputy the time. In a situation where the intellectual arm of the company is taking intellectual copyright money and another arm of the company funds the development of the construction of that factory in Ireland and puts a base interest rate on the repayment of that loan, which would be well above what would be bought in the market, that comes into the equation. Is that right?

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