Oireachtas Joint and Select Committees
Wednesday, 11 June 2014
Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation
Reform of Global System of Corporation Tax: EU Commission and KPMG
2:50 pm
Mr. Philip Kermode:
One possible conclusion is that there was no state aid, in which case that will be the end of it. There is also the possibility that it is found to be state aid, in which case there will be an issue about potential repayment. At this stage it is far too early. This is a complex area. The initial information the Commission competition authority received suggests there is an issue. It will require a significant amount of examination.