Dáil debates
Wednesday, 7 December 2005
Financial Resolution No. 2: Income Tax.
9:00 pm
Bertie Ahern (Dublin Central, Fianna Fail)
That is restricted to pay remuneration for work done in the State. To the extent that foreign executives are paid for foreign duties or paid for their salaries, they will not be affected. If some of them are using it, what they will do in those companies is that they will restructure their remuneration package for the executive and then we will get our share of it in Ireland. The system has been abused. As Deputy Rabbitte said earlier, as always there is no end to what people see. Remittance was a very tight definition for a very tight group and now because there is a lot of movement in the country with a large number of people coming in, they have structured it in a way that they just get the bread and butter money paying tax here and the rest is paid elsewhere. I hope there is no special fee and they should not be listened to anyway.
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