Oireachtas Joint and Select Committees

Wednesday, 10 July 2024

Committee on Budgetary Oversight

Summer Economic Statement: Discussion

5:30 pm

Photo of Jack ChambersJack Chambers (Dublin West, Fianna Fail) | Oireachtas source

On corporation tax, that demonstrates the volatility of the ten companies and why we are putting the money aside in the context of the future Ireland fund and the infrastructure, climate and nature fund. Depending on their profitability in a particular year, that will have an impact on the concentration. What we do know is that that concentration risk is continuing or becoming even greater now and potentially in future years. That context needs to be central in the wider budgetary and fiscal decisions we take with respect to corporation tax.

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