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 Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

I do not understand why Mr. Howard is being so cautious about saying that. The graph provided shows there was an absolutely extraordinary jump from 2014 to 2015; the intangible assets benefiting from the plant and machinery capital allowances jumped from €2.6 billion to €28 billion in one year. To me, the extent of the allowance is absolutely mind-boggling.

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