Pearse Doherty (Donegal, Sinn Fein)
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I welcome all the witnesses and thank them for their presentations.. I have a couple of questions for Mr. Redmond. Will he clarify the position of American companies that have their headquarters in Ireland? If an American company that is operating in Ireland has its headquarters in the United States and repatriates its profits, having paid 12.5% tax on them in this jurisdiction, what happens to the profits when they go back to the United States?