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
Mr. Gerry Howard:
There are two aspects of this. First, if one purchases in this capital allowance, one's profits will also go up. There will be a matching increase in profitability because there is this new very valuable asset and, therefore, one will own the income from it. The income from it will no longer belong to the person who-----
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