Oireachtas Joint and Select Committees

Thursday, 9 March 2017

Select Committee on Jobs, Enterprise and Innovation

Knowledge Development Box (Certification of Inventions) Bill 2016: Committee Stage

2:00 pm

Photo of John HalliganJohn Halligan (Waterford, Independent) | Oireachtas source

To assist Deputy Boyd Barrett, I remind the committee that the Comptroller and Auditor General will publish on an annual basis the information about the KDB certification scheme and that will be laid before the Houses of the Oireachtas. It then goes into the public domain. Everything is done. The Revenue Commissioners will have access to the report of the Comptroller and Auditor General as will the general public and every Deputy in the Dáil. It is open and transparent in that sense. Once that comes before the Dáil, it gives Deputy Boyd Barrett or any other Member an opportunity to carry out his or her own evaluation or analysis of whether the scheme has been successful or abused.

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