Michael McGrath (Cork South Central, Fianna Fail)
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I thank Mr. Hession from the Department and Ms Levey from Revenue for their opening presentations and I welcome their colleagues. Mr. Hession stated that preliminary work is under way to assess the impact of the revised CCCTB proposal. Is there an emerging view in the Department on the implications for Ireland by way of corporation tax receipts? We expect to receive approximately €7.5 billion in receipts this year. With regard to the attractiveness of Ireland as a location for inward investment, is there an emerging view on the revised proposals from the Department?