Oireachtas Joint and Select Committees

Thursday, 7 October 2021

Public Accounts Committee

2020 Annual Report of the Comptroller and Auditor General - Chapters 15 and 16
2019 Annual Report of the Comptroller and Auditor General - Chapter 16
National Treasury Management Agency - Financial Statements 2020

9:30 am

Photo of Brian StanleyBrian Stanley (Laois-Offaly, Sinn Fein)
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Thank you. I will let Deputy Colm Burke back in later. If members want to come in for a second round of questions, they should raise their hand signal or indicate in the room, given some people are in the room and some are online.

I have a couple of questions for Mr. O'Kelly. With regard to corporation tax, we are all aware of what is happening this week, in fact today, in regard to corporation tax. He has expressed concern at the reliance of the State and Revenue on corporation tax and I think has suggested in the past that it was not a sustainable platform for the State. If we are too reliant on corporation tax, how will the OECD floor of 15% impact us?