Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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I welcome the last point made by Mr. Coffey because it deals with one of the issues I wanted to raise with him. Is the intangible assets issue not a big scam in the light of the higher contributions the Irish people have to pay to the European Union? As stated by Mr. Coffey, companies get to write off gross profits resulting from these intangible assets as an allowance. They can effectively name their own price for these assets. Is it not the case that they are paying one of their own subsidiaries for the assets such that whatever profits they make they set as the price tag for their use?