Oireachtas Joint and Select Committees

Thursday, 30 November 2017

Public Accounts Committee

Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts

9:00 am

Mr. John Hogan:

We are alive to whatever risks are operating in the international environment at the moment. We want to put in place the right deal and the right protections in the escrow account in the interests of the Irish taxpayer. The obligation is there on the company. Included in the company's publically available accounts is the indication that it will be lodging money to the escrow fund during the course of 2018. That commitment is there on behalf of the company involved.