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 begins to increase the rate, uncertainty would be created. Businesses are making long-term plans for their investment and those that are here for productive investment where there is a considerable amount being invested will want certainty over the long term. Therefore one must provide the certainty in order to tell them what is the end game, as part of a new repackaging of corporate tax structure that is fit for the 21st century.