Dáil debates

Wednesday, 25 November 2015

Finance Bill 2015: Report Stage (Resumed)

 

11:25 am

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I support the amendments and this important new initiative which was overdue, although I would like it to go further. The reality is that much of the investment we are seeking to attract for high potential start-ups, which are operating in highly competitive international environments, is, by its nature, very mobile. This is a modest step in the right direction and does not put us on a level playing field with some other jurisdictions which are quite aggressively seeking to target entrepreneurs who have strong business ideas and a track record of growing and developing businesses and selling them on. This is a welcome step in the right direction.

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