Oireachtas Joint and Select Committees
Thursday, 1 June 2017
Public Accounts Committee
2015 Annual Report of the Comptroller and Auditor General and Appropriations Account
Chapter 13 - Revenue's Review of Medical Consultants' Tax Affairs
Chapter 14 - Research and Development Tax Credit
Chapter 16 - Deferral of Tobacco Stamp Liability
9:00 am
Mr. Niall Cody:
The Irish corporation tax system is broad based and there is a 12.5% rate across the board. The research and development credit is one of the only areas where the rate can be reduced. It is an important part of the corporation tax system, which is really important for IDA Ireland, the Department of Jobs, Enterprise and Innovation which see it as a valuable part of the-----