Oireachtas Joint and Select Committees

Wednesday, 16 May 2018

Committee on Budgetary Oversight

Corporation Tax Regime: Discussion

2:00 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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They can put any value they like on them. It appears that the value they put on them is just enough to make sure they do not pay any tax. Effectively, they write their own tax bills, but we then make additional EU contributions which are based on gross trading profits, rather than taxable income which is zero.