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

4:00 pm

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

Given what Mr. Taft stated about higher effective rates elsewhere not being detrimental to the levels of corporate investment, is there any evidence to suggest that if, for example, we applied a minimum effective rate to gross profits of, say, 12.5% or increased the nominal rate to approximately 15%, which would still leave our effective and nominal rates significantly lower than everywhere else in Europe, it would have any detrimental effect on our economy?

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