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
4:00 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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Given what Mr. Taft stated about higher effective rates elsewhere not being detrimental to the levels of corporate investment, is there any evidence to suggest that if, for example, we applied a minimum effective rate to gross profits of, say, 12.5% or increased the nominal rate to approximately 15%, which would still leave our effective and nominal rates significantly lower than everywhere else in Europe, it would have any detrimental effect on our economy?