Pearse Doherty (Donegal, Sinn Fein)
Link to this: Individually | In context | Oireachtas source

As someone who has looked at this in detail and who has provided a lot of information to us as legislators, an argument has been made that this could cause reputational damage among companies that brought their intellectual property or intangible assets onshore at a time when the tax code said that they would have a 100% write-off against future profits. Would it not be bad form of the Government to say that the assets have already been brought here but the rules are being changed to only allow 80%?

I realise Mr. Coffey knows this but I am acting as devil's advocate - I am acting as the Minister, Deputy Donohoe, would. I do not agree with the argument but I believe it is important to tease out the potential consequences of such a shift.