Rose Conway Walsh (Sinn Fein) | Oireachtas source

I am asking this question in the context of continuing efforts to deprive Irish citizens of what I calculate to be hundreds of millions of euro over the 18 or 19 years during which AIB will have deferred tax arrangements in place and will not pay tax. The opportunity cost of that and the purposes for which these hundreds of millions of euro could be used are of real concern to people who have already paid so much for the bank bailouts. While efforts are being made to pay back some of the bailout moneys, the issue is the unfairness and injustice of an operation such as AIB, which makes €1.25 billion of profit on its Irish operation alone, not paying tax. I assume AIB is tax compliant. The Government must change the position and we can only appeal to it to see sense and accept the unfairness of the current arrangements and the opportunity costs that arise. If Dr. Hunt has the figure I seek, I would like to hear it. Otherwise, we will come back to it.