Oireachtas Joint and Select Committees
Tuesday, 15 November 2016
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Finance Bill 2016: Committee Stage (Resumed)
2:00 pm
Michael McGrath (Cork South Central, Fianna Fail)
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All profits of section 110 companies, from whatever source, are taxable at 25% because it is non-trading in nature.