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

The Minister of State gave effective tax rate figures. Could he provide clarity in respect of tax applying to an income of €0.5 million and €1 million? How much less tax would a person earning €1 million who avails of SARP pay compared to an Irish executive earning the same amount working in a company in Ireland? This provision represents tax forgone. The Minister is allowing for people who earn up to €1 million to have 30% of their income deducted before calculating the tax that is liable. The Minister of State might give me those figures.