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

I just want to point out to the Acting Chairman and the committee that this is a real problem. We have a paper produced by the Department of Finance that shows that there are at least four different ways of legitimately calculating the effective rate. The figures produced vary very significantly. One can have what is considered a legitimate method of calculating the effective corporation tax rate which puts it at 4% or 5% alongside another method which puts the rate at 11.9% or even higher than 12.5%. That is a problem in terms of our ability to calculate what is actually going on. Frankly, it is doing the public a disservice to not at least show that there are different ways of calculating these things. That is my first point.

The graph that has been provided by the witnesses is very useful. As I understand it, the graph shows the increase or decrease in trading profits by sector for 2015 over 2014. Is that correct?