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Dáil Éireann díospóireacht -
Thursday, 28 Oct 1971

Vol. 256 No. 4

Ceisteanna—Questions. Oral Answers. - Company Taxation.

92.

asked the Minister for Finance if, in view of the large number of industries closing down, with consequential hardship to people who lose their employment, he will take steps to reduce the 58 per cent taxation to a more reasonable level.

I am not aware that any industrial closures that have recently taken place were as a result of the present effective maximum rate of company taxation, to which I assume the Deputy is referring.

In further reply, I would refer the Deputy to the statement which I made yesterday on the economic situation.

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