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
Seán Fleming (Laois, Fianna Fail) | Oireachtas source
On double taxation agreements, there are lots of credits. People may have paid tax at a higher rate in other countries and that will reduce their liability here, or vice versa. Does Mr. Cody have figures to indicate the net flow into or out of Revenue in that regard? Obviously, there is loss of revenue in some cases, while in others we are probably receiving revenue under a double taxation agreement, but that is not something we have discussed. Will Mr. Cody give us some information, even just a headline, if he has something on it? In terms of the net flow in both directions, did we win or lose? What is the net position as a result of double taxation agreements? Everybody is laughing at this simple question.
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