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

3:40 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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Forget about Revenue for a minute. I am talking about EUROSTAT. Clearly, EUROSTAT is taking gross profit and the actual amount of tax paid as a proportion of gross profit and working out the effective rate, what it calls the implicit rate, from that. Is that not what it is doing?