Oireachtas Joint and Select Committees
Tuesday, 15 November 2016
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Finance Bill 2016: Committee Stage (Resumed)
2:00 pm
Stephen Donnelly (Wicklow, Social Democrats) | Oireachtas source
The problem is that we do not know. We do not know what revenue is going to do. As legislators, we would be giving them the phrase "reasonable commercial return". I argue that if the Government's position is to just let Revenue at this, then I am happy to accept that. There must, however, be some kind of feedback mechanism to the legislature to they arrived at a range of, say, 10% to 20%, or 4% to 8%.
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