Oireachtas Joint and Select Committees

Thursday, 26 April 2018

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

EU Proposals on Taxation of the Digital Economy: Discussion

10:00 am

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

There was an estimate of €5 billion being raised from a 3% turnover tax. How would those taxes be distributed? Would it be like the CCCTB where it depends on sales, assets and employees with an apportionment whereby the large member states get the bigger share? What would the apportionment of the tax be when it is collected?

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