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

In reality, if the withholding tax continues to apply in the interim will that not effectively stop the development of this sector in its tracks? If the Minister is talking about that number of forms having to be filled up, it is unworkable given the nature of these loans under peer to peer lending. The present position is that withholding tax must be applied and these forms must be completed so-----