Dempsey says tax practice by semi-state bodies is legitimate

The Minister for Communications Noel Dempsey has said semi-state companies legally avoiding paying millions of euro in corporation tax by moving funds to Dutch holding companies is a matter for the Revenue Commissioners.

Dempsey says tax practice by semi-state bodies is legitimate

The Minister for Communications Noel Dempsey has said semi-state companies legally avoiding paying millions of euro in corporation tax by moving funds to Dutch holding companies is a matter for the Revenue Commissioners.

Speaking this afternoon, Dempsey said as far as he knows, this practice is a legitimate one.

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