Oireachtas Joint and Select Committees

Tuesday, 6 December 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Scrutiny of EU Legislative Proposals

2:00 pm

Photo of Paul MurphyPaul Murphy (Dublin South West, Anti-Austerity Alliance) | Oireachtas source

That is the point I am making here, which relates to the common consolidated corporate tax base, CCCTB. Profits are being booked in Ireland and tax is being paid on them at a relatively low level that is unlikely to have been made here. Are workers at the top ten companies in Ireland really making €62 million in profit a year for their companies or, and this is precisely what in my understanding the CCCTB aims to address, are profits being booked in Ireland that are not made here?

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