Oireachtas Joint and Select Committees

Thursday, 17 November 2022

Public Accounts Committee

2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund

9:30 am

Photo of Paul McAuliffePaul McAuliffe (Dublin North West, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

Before we move on to that, what I am trying to calculate is the lag.

At this point, we expect an increase next year, in both corporation tax and ICT. We can see the ICT sector making shifts at this point and I imagine the changes in the interest rate environment will have impacts in other sectors as well. Could that have an impact on the overall Irish taxation system in 2023 or 2024? Is that what we are expecting?