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. Rónán Hession:
Yes. Broadly speaking, that is correct. What the knowledge development box, KDB, is really about is that one spends money creating an intellectual property asset and the income that that asset creates is taxed at an effective rate of 6.25%. That will not necessarily apply to all at all-----
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