Oireachtas Joint and Select Committees

Thursday, 30 November 2017

Public Accounts Committee

Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts

9:00 am

Photo of Catherine MurphyCatherine Murphy (Kildare North, Social Democrats) | Oireachtas source

Okay. Do we know what the yield would be if 12.5% was the effective tax rate for the companies which are here now? What would it be if every company paid 12.5%? I know there are companies with losses, but 12.5% is a generous tax rate. Has that potential yield been calculated?

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