Oireachtas Joint and Select Committees
Thursday, 19 September 2013
Public Accounts Committee
Annual Report and Accounts 2012: Discussion with IDA Ireland
10:30 am
Mr. Barry O'Leary:
They do special deals. That is the point on the transparency of the 12.5%. Everybody can have it. Countries do special deals. They will come to an agreement whereby companies must make a certain amount of profit. In other words they must manage their business to achieve the particular rate through a variety of mechanisms.