Oireachtas Joint and Select Committees

Thursday, 4 May 2017

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

Scrutiny of EU Legislative Proposals

10:00 am

Ms Jennifer Banim:

It is neutral because one shows it as a move into the State of the intellectual property. This becomes added to the capital stock of the country. This is offset by showing it as an import.

It is offset in the accounts when it is a transaction. When it is a relocation it is net neutral on GNP.

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