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

3:30 pm

Mr. Michael Taft:

If one starts playing around with changes of 1%, 2% or 3%, whether it is a case of cutting it in the hope of getting more FDI or increasing it and getting more tax revenue that is almost the end game. That is the last piece of the puzzle. If one wants to create a corporate tax structure and a corporate sector that more mirrors our peer group – small open economies – that is probably the last thing one would address because there are so many other issues. That is one part of the response to Deputy Stanley’s questions. If one has such a poor indigenous enterprise base-----