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

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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I think I have made all my points but I have one last question which is more generally on withholding tax on things other than property. Are there other areas in financial services generally where we should be imposing withholding tax or where similar situations could arise? We have discovered how some entities ended up paying no tax at all. Now, this has been identified in the area of property that they were paying no tax. Should the principle of withholding tax apply to all investment in financial services regardless of whether they relate to property or anything else or where there is a possibility that no tax is being paid?