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
Mr. Conor O'Brien:
On the example I went through there, one could have some companies where one would end up with an effective tax rate of 60% if one did that. It would have no effect on some companies because they may not have any of those expenses. Personally, I would not recommend that. Perhaps we do not have time to go into much more detail than that.