Oireachtas Joint and Select Committees
Wednesday, 4 November 2020
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Duffy Cahill Report: Discussion
Mick Barry (Cork North Central, Solidarity) | Oireachtas source
I appreciate that. That is a helpful answer.
My next question refers to a situation if a company were to have a section of the business, for example, an online section, which was valuable, perhaps valued in terms of tens of millions of euro in terms of what its profits would be on an annual basis.
Let us suppose it was registered in an Irish city, the company was to go into liquidation and over a period of three days, the online business transferred to having a headquarters in a UK city. I realise that we cannot get into specifics and that our guests would need more information than that, but might that be the general ballpark where the point about the separation of assets would come into play and a light would need to be shone on that?
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