Oireachtas Joint and Select Committees

Wednesday, 19 November 2014

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

Finance Bill 2014: Committee Stage (Resumed)

11:50 am

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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The thrust of the proposed amendment gets at something very important on which, apart from anything else, the public needs clarity. We have had a range of estimates of what the actual real effective corporate tax rate is for companies in this country, and frankly the dizzying array of estimates could do nothing other than confuse people as to the reality. The Minister of State in his response just now introduced a new figure of 7.7%. We now have 2%-----