Oireachtas Joint and Select Committees
Thursday, 9 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Susan O'Keeffe (Labour) | Oireachtas source
Okay. That's fine. That's fine. And, finally, again in relation, you've mentioned a couple of times the Four Seasons purchase, the hotel. And again that was reported as ... because of the tax breaks that surrounded that particular deal, that the tax saved, if you like, or lost by the State, depending on which way you look at it, was estimated at just under €20 million. And again I know ... perfectly, those tax breaks existed and were there, was that part of the attraction for doing that deal?
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