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. Niall Cody:
Yes, it is spent in Ireland. Revenue has come under significant criticism from elements of the sector. What they have accused us of is an overaggressive approach to the audit of the R&D tax credit. A number or practitioners have commented on that, including making representations to the OECD about an overly aggressive approach to R&D credit. That was what we were discussing.