Oireachtas Joint and Select Committees

Wednesday, 16 May 2018

Committee on Budgetary Oversight

Corporation Tax Regime: Discussion

2:00 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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Why is it not held up as a greater risk? Surely that is a stand-out risk for the economy if that is way out of line with international norms? Mr. Coffey is now talking about €8.5 billion in 2018. It is 15.7% of total expected taxation receipts. It is a relatively high level of dependence. Within that, the concentration and focus on multinationals is quite acute but it does not seem to be held up as a major risk.