Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

There is a levy there but banks have a higher rate of corporation tax than any other businesses. The authorities do not allow deferred tax assets to be carried forward. Almost uniquely, Ireland is one of the countries in the world that allows deferred tax assets to be carried forward forever at a rate of 100%.

I acknowledge Ms Helen Dooley did not write the law, which was passed with the support of the Fine Gael-Labour Government of the day. Do the delegates understand that AIB made €1.25 billion in profit last year and is not paying corporation tax on that profit in this State?