Oireachtas Joint and Select Committees

Wednesday, 8 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Okay. You referred earlier, Mr. Cowen, to the issue of corporation tax and efforts, perhaps, by others to put that issue on the table. Can you tell us, specifically, was this requested as part of the bailout negotiations ... that Ireland's 12.5% corporation tax rate would be changed ... or prior to then? Can you clarify exactly what happened on that issue?

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