Paul Gavan (Sinn Fein) | Oireachtas source

I move recommendation No. 10:

In page 93, between lines 1 and 2, to insert the following:

“Report on restoring cap on intangible assets

35. The Minister shall, within 6 months of the passing of this Act, prepare and lay before Dáil Éireann a report on restoring the 80 per cent cap on intangible assets onshored between 2015 and 2017 that can be written off against profits at the rate of 100 per cent.”.

The recommendation is self-explanatory. We are asking that within six months of the Act passing, the Minister will prepare and lay before Dáil Éireann a report on restoring the 80% cap on intangible assets onshored between 2015 and 2017 that can be written off against profits at the rate of 100%. We are simply asking for a report. I do not see what is unreasonable or untenable about that. Let us see what is in the report. It is a moderate request.