Oireachtas Joint and Select Committees
Wednesday, 22 September 2021
Committee on Budgetary Oversight
Pre-Budget 2022 Scrutiny: Irish Fiscal Advisory Council
That is fine. Is there potential to extrapolate, in as far as it is possible to establish this aspect, where this situation is going to land ultimately? I refer to the idea we may lose considerable revenue, as has been anticipated, because we are committed to signing up to Pillar 1 of the base erosion and profit shifting, BEPS, II process. If our minimum effective rate of corporate tax does ultimately go up to approximately 15%, or slightly higher, is there potential for us to lose on the swings and gain on the roundabouts in that overall context?