Oireachtas Joint and Select Committees

Tuesday, 6 December 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Scrutiny of EU Legislative Proposals

2:00 pm

Photo of Peter BurkePeter Burke (Longford-Westmeath, Fine Gael)
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An Irish High Court decision that affected Germany's yield under the CCCTB would not be sustainable.

It has been mentioned that corporation tax would be ring-fenced. Many companies depend on offsets against VAT and other taxes as a point of cashflow. However, that would not be sustainable under this model because corporation tax would be ring-fenced. Is that correct?