Oireachtas Joint and Select Committees

Tuesday, 11 June 2019

Committee on Budgetary Oversight

Fiscal Assessment Report: Irish Fiscal Advisory Council

Mr. Eddie Casey:

It is related to the size of the fines over the medium to long run. The Deputy can see that they seem to accumulate significantly in the estimates that have been made. If we take Joseph Curtin's estimates as an example, they rise to €2.7 billion and then €5.5 billion, which is high. Those estimates seem to be plausible. In the case of the corporation tax estimates, we have identified an excess of between €3 billion and €6 billion, although it is not clear how hard those numbers are by comparison.