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
Kieran O'Donnell (Fine Gael) | Oireachtas source
Why not? With respect, the figures do not lie. Mr. Zuijdendorp is saying that, effectively, one third of this common consolidated corporate tax base will be based around sales. Let us consider the case of a company based in Ireland that makes 90% of its sales in Germany and only 2% in this country. At present, the Irish Exchequer is collecting 100% off the profits of that company at 12.5%. What will happen under the common consolidated corporate tax base, CCCTB?
No comments