Oireachtas Joint and Select Committees

Tuesday, 20 September 2016

Committee on Budgetary Oversight

Revenue Raising Proposals: Minister for Finance and Revenue Commissioners

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9:30 am

Mr. Brian Boyle:

It would depend on the model used to phase it out but the total yield from USC on an annual basis is in the region of €4 billion. A complete removal would, in today's terms, mean a total cost of €4 billion.

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