Oireachtas Joint and Select Committees

Thursday, 30 May 2019

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance (Tax Appeals) (Amendment) Bill 2019: Discussion

Mr. Oliver Gilvarry:

The United Kingdom, France, Denmark, Finland and Italy have set the threshold at €8 million, while some six or seven other member states have set it at approximately €1 million. These include Romania and Bulgaria, which have smaller markets. An sum of €1 million is significant for an SME business in Romania or Bulgaria, compared to here and other places. The average was approximately €6 million but we can get the exact figures for the Deputy.

They are the states that have moved up to €8 million.

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