Oireachtas Joint and Select Committees

Thursday, 2 February 2017

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

EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners

9:30 am

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

If a company producing widgets was established in Dundalk and sold those widgets in Australia, Spain and the United States, where would the profits be taxable? The intellectual property for the development of the widgets rests in the company in Ireland. Where would the profits be calculated? Is it not standard that they are calculated in Ireland?

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