Oireachtas Joint and Select Committees

Tuesday, 17 June 2014

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

Assessment of Measures Relating to Corporation Tax in Ireland: Discussion

2:50 pm

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

Under the tax law, the effective tax rate is 2.2%. If we are trying to find out the effective tax rate of the multinational companies, then we could not say that it is 2.2% because legally they are not obliged to pay tax on some of those profits. Would it be correct to say that?

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