Oireachtas Joint and Select Committees
Tuesday, 15 November 2022
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Finance Bill 2022: Committee Stage (Resumed)
Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source
I just received the Commission on Taxation and Welfare report a few weeks before the budget. This is an important scheme and as I said to the Deputy previously, it is part of what our country has to offer to allow certain jobs to be located here. When I received the report of the Commission on Taxation and Welfare, I did not have sufficient time to evaluate its recommendations to decide whether they need to be implemented. I recollect that the Commission on Taxation and Welfare report also stated that this scheme would merit reform and adjustment, rather than removal. Just as the Deputy is entitled to differ from the Commission on Taxation and Welfare, so am I in the decisions I make. I will continue to keep this under close review because I am aware of the equity issues that can be raised regarding the operation of the scheme and that is why I have made changes to it in the past.
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