Professor Philip Lane: These are...: 18 Jan 2018: Oireachtas Joint and Select Committees (KildareStreet.com)

Oireachtas Joint and Select Committees

Thursday, 18 January 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Tracker Mortgages: Central Bank of Ireland

9:30 am

Professor Philip Lane:

These are costs to the banks. It reduces their profitability and they pay tax on profits. The tax rate is not 100%.