Oireachtas Joint and Select Committees

Wednesday, 14 June 2017

Committee on Budgetary Oversight

Corporation Tax Receipts: Department of Finance and Revenue Commissioners

3:00 pm

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

I can appreciate that in terms of identifying companies but most of these larger companies, and Mr. Howard can correct if I am wrong, would have a separate companies. There would be at least two companies. Therefore, I cannot see how Mr. Howard would identify a company by saying that they are in the same group. As explosive as the figure is that 37% of our tax receipts, which is nearly €3 billion, is dependent on the decisions of ten chief executive officers, CEOs, the reality is that it could be five CEOs, for example, if two of these companies in the top ten were part of the same group, whether it be Mitsubishi, AIB, Bank of Ireland or Apple, it does not matter which they are.

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