Oireachtas Joint and Select Committees
Wednesday, 5 July 2023
Committee on Budgetary Oversight
Sovereign Wealth Funds: Discussion (Resumed)
Mr. Matthew McGann:
I have to admit that this is not my area, but my understanding is that the carry forward of losses is not specific just to the banks but is just a part of the general tax system. I am not sure about the tax system implications of that. We would need one of our tax colleagues here to answer that question.