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 Joan BurtonJoan Burton (Dublin West, Labour) | Oireachtas source

With due respect to Mr. Hession, I am talking about two particular classes of business. I am referring to banks and financial institutions, once they start to become reasonably profitable again, producing some taxes in terms of corporation profits tax.

Mr. Howard might tell us the scale of the build-up of losses and the value of the build-up. It is enormous.

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