Oireachtas Joint and Select Committees

Wednesday, 29 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. David Duffy:

Well, I think for anybody in Ireland, regardless of their particular jurisdiction, notwithstanding west Cork is my home, I would say to those people that if AIB paid a few hundred million in tax to the Government, and paid the tax, is one case, if it doesn't because it has a tax allowance for a period of time, but then distributes that as a dividend to the Government, it is still coming to the Government and to the State and the taxpayer, by definition.

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