Oireachtas Joint and Select Committees
Thursday, 15 July 2021
Committee on Budgetary Oversight
Summer Economic Statement: Minister for Finance and Minister for Public Expenditure and Reform
Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source
With regard to the Deputy's point about gross profits, companies pay tax on what they earn after expenses are deducted. To use the issue of gross taxes, the Deputy knows well is wrong. You pay tax on your total level of profitability minus your expenses and you then pay tax on that, as the Deputy well knows. The information I am referring to-----
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