Oireachtas Joint and Select Committees
Wednesday, 29 November 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Paradise Papers: Chairman, Office of the Revenue Commissioners
6:15 pm
Peter Burke (Longford-Westmeath, Fine Gael) | Oireachtas source
Some organisations are now marketing companies that are aimed at people coming out of an employee relationship. This is a very big business now. It opened my eyes when I looked through it. From what I can see, what they are doing is legally correct. We cannot look through the company structure in this regard. It is sad in one sense, because the rights of employees have been eroded as they lose their redundancy and various protections, and some people would argue there are more options for reducing tax in a company. Mr. Cody spoke about expenses, which are very micromanaged. If someone is working for one client the capacity is minimal. There is also retirement planning, pension payments and other structures. To be clear, we have not looked through a company structure as yet.
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