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
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
I reserve the right to table an amendment to this section on Report Stage, specifically regarding the adequacy of a maximum fine of €50,000 or prison sentences of no more than six months or not exceeding three years. At the very least, whether they are adequate is debatable. Sometimes white collar crime is not treated with the seriousness it should be. It is arguable whether the penalties are sufficiently severe to act as a disincentive to such crime.
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