Oireachtas Joint and Select Committees

Thursday, 4 October 2018

Public Accounts Committee

Teagasc Financial Statements 2017

9:00 am

Photo of Seán FlemingSeán Fleming (Laois, Fianna Fail) | Oireachtas source

Will Ms Kearney explain why there is a big figure in here of €110 million in deferred tax if she is telling me that Teagasc never pays tax? It is stated in note 22 on page 110 that €110 million has been provided for under "Provisions for liabilities - Deferred tax". If Teagasc is not liable for tax, why is that provision in there?

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