Oireachtas Joint and Select Committees
Wednesday, 11 September 2019
Committee on Budgetary Oversight
Scrutiny of Tax Expenditures (Resumed)
Mr. Michael Tutty:
With these matters, one normally goes to the middle if a specific figure is required. That would be €4.5 billion. It is a big figure and is just based on looking at what we would have expected corporation tax to yield in light of the normal increase in economic activity in the country and comparing it with what came in over and above that. That is where the range of €3 billion to €6 billion, or the €4.5 billion figure, comes in.
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