Oireachtas Joint and Select Committees
Thursday, 28 September 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Sector in Ireland (Resumed): Permanent TSB and KBC Bank
Mr. Jeremy Masding:
It is not an arrangement per se. I think the Senator is referring to the infamous deferred tax asset. That is an accounting principle that we are obliged to comply with. Mr. Groarke can comment on the size of that asset.
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