Oireachtas Joint and Select Committees
Thursday, 5 February 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Mr. Mario Nava:
No, my statement refers to regulatory arbitrage. What the Deputy is hinting at is the fact that there are other types of arbitrage. He is hinting at fiscal arbitrage, namely, the possibility that there are different fiscal regimes for similar types of activities, which determines the movement of firms.
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