Oireachtas Joint and Select Committees

Thursday, 18 January 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Tracker Mortgages: Central Bank of Ireland

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9:30 am

Professor Philip Lane:

These are costs to the banks. It reduces their profitability and they pay tax on profits. The tax rate is not 100%.

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