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

Mr. Pierre Moscovici:

I would need to check, but my memory is that the potential impact has been assessed and that it is very slightly negative, something like 0.2%, but it has to be compensated for by other effects.

There would be 1.2% growth at EU level which would represent in the order of €90 billion and overall it would be positive.