Oireachtas Joint and Select Committees
Wednesday, 28 May 2014
Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation
Ireland's Corporate Tax System: (Resumed) KPMG and Unite
3:20 pm
Brian Stanley (Laois-Offaly, Sinn Fein)
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On the figures Mr. Taft produced on trading in goods and services, corporate investment and wages, and assuming his figures are correct, can he give an explanation as to why those countries are more successful than we are in terms of extracting more overall benefit from having multinationals in three areas - higher wages, higher investment and higher trading in goods and services by those multinationals? It is because those grants are net figures? That is assuming they are not using instruments such as the ones he mentioned in his reply to my previous question. In other words, the grants he has set out are based on net figures. Why is that the case?