Oireachtas Joint and Select Committees

Tuesday, 7 February 2017

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

EU State Aid Investigations into Tax Rulings (resumed)

4:00 pm

Dr. Jim Stewart:

It is wrong that the tax code allows certain vehicles to pay zero tax. The section 110 vehicle can offer very low rates of tax. In fact, PwC also has a statement on its website that section 110 companies can also pay zero tax. That is wrong and needs to be addressed.

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