Oireachtas Joint and Select Committees
Tuesday, 24 January 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
EU Corporate Taxation and Investment and Growth Strategies: Commissioner for Economic and Financial Affairs, Taxation and Customs
1:00 pm
Paul Murphy (Dublin South West, Anti-Austerity Alliance)
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The profit is not created at the point of sale, it is realised. The profit has already been made in the sense that value has been added to the product by a combination of different forms of labour, including intellectual property.