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 15% one, it comes back to what we stated earlier. Already, I am aware of projects that we have lost because the 12.5% is being undercut by some countries and, at 15%, I am sure we would lose more projects. As I stated, the optimal rate that maximises the benefit to the economy is a matter for debate and I could not scientifically prove it to Deputy Boyd Barrett.