Oireachtas Joint and Select Committees
Tuesday, 30 September 2014
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Business Growth and Job Creation in Town and Village Centres: Discussion (Resumed)
3:00 pm
Ms Heather Graham:
I would never give names. Trying to put a figure to it, it is a very loosely operated system. We as a company have to be tax compliant. Members that are involved in the scheme have to be tax compliant. I would very much like this issue to be looked at in more detail. We are in a unique position in that we border another jurisdiction, which means that these transactions can be done exempt of VAT. It has been put on the back-burner for many years. As there is more competition now it has become a big loss to this economy.