Oireachtas Joint and Select Committees
Wednesday, 6 November 2019
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Finance Bill 2019: Committee Stage (Resumed)
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
I understand that. We never such get information on a company-by-company basis. It would be helpful if we could get the figures in the aggregate. The key issue to tease out here is whether or not we have any certainty that it is a timing issue or whether there is a net cost to the Exchequer. We are essentially five years on from the principal onshoring and should have some clarity at this stage as to whether the companies that are central to this have changed structures and whether profits are no longer being booked here against which these capital allowances are being offset.
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