Oireachtas Joint and Select Committees
Thursday, 22 February 2018
Public Accounts Committee
Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts (Resumed)
9:00 am
Mr. Niall Cody:
I am sorry. I misunderstood. The Directorate General for Competition made a finding in respect of state aid. It found that the full incomes of the companies were properly taxable in Ireland. Ireland is obliged to calculate as if that is the final decision so we have to follow the methodology used by the Directorate General for Competition and calculate what would have been the liability if its interpretation was correct. That is what we are trying to do.
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