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

In respect of bank debts or liabilities, we read not long ago that one particular bank that had been bailed out would not have an expectation of a tax liability for about 20 years. Is there a way of disaggregating some elements of commercial trading? I refer to the banks. I can understand a small company may have accumulated debts and writes those debts off against taxes. That is understandable. I can visualise why that would be required. Is there a way of separating out the two? Can a bailed-out bank be treated differently for tax purposes? Can portions of the corporate sector be separated out or must there be equal treatment right across the board?