Seán Fleming (Laois, Fianna Fail) | Oireachtas source

If there is a 37.5% allowance against the figure of 6.5%, effectively the top rate of tax on the income generated from the knowledge box that meets the requirements will be 6.25% by 0.625, which is 3.9%. Companies that qualify will only be liable for corporation tax on the income derived from that source to a maximum of 3.9%. Am I right?