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
Richard 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?