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Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (Resumed) (6 Nov 2019)

Pearse Doherty: ...past. As he does, the Minister mentioned some of these Nobel peace prize winners selectively. I have not heard the Minister mention the fact that some of them are arguing for him to accept the Apple money and drop the case. Joseph Stiglitz is one example. If Apple loses that case, it will bring in €14.3 billion to the State, which would go a long way in relation to the real...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (Resumed) (6 Nov 2019)

Pearse Doherty: ...and whether they used the full amount, which could reduce the figure and so on. That is fine and that is all factual. The vast majority of those intangible assets are located in one company, namely Apple. In 2015, when Apple restructured its operations, it moved its $200 billion of intangible assets to Ireland. In that year, a year in which the increase in our GDP was classed as...

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