Oireachtas Joint and Select Committees
Thursday, 10 May 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Sector: Quarterly Engagement with the Central Bank of Ireland
9:30 am
Rose Conway Walsh (Sinn Fein) | Oireachtas source
I will explain how it connects to all of this, and I understand the difference between Central Bank policy and Government policy. Consider what is happening with the deferred tax assets, which are quantified at €215 billion. A sum of €215 billion could provide a great deal of vital infrastructure in the west and rural Ireland. Indeed, it could provide many homes to address the homelessness crisis. Does the witness think there should be a sunset clause or a time limit on organisations and, in particular, banks being able to carry forward deferred assets?
No comments