Enda Kenny (Mayo, Fine Gael) | Oireachtas source

It is true to say the CSO is quite independent in how it does its analysis, but it does take these factors into account. Changes have occurred, such as the transition of entire public limited companies to Ireland and the transfer of a significant amount of intellectual property, contract manufacturing and the scale of aircraft leasing. The Deputy is right in terms of these figures boosting GDP. There is no proportionate increase in employment. These are figures which are compiled accurately by the CSO and they take into account those changes that have taken place in the international economy. The Deputy is aware of the changes made by the Government in terms of complying with base erosion and profit shifting, BEPS, and the OECD in terms of having got rid of the double Irish concept. The issues of aircraft leasing, contract manufacturing, intellectual property moving onshore here and the transition of entire public limited companies has boosted these figures.

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