CCAB-I has been invited to attend an oral hearing this week in connection with our submission to the Commission in May of last year. In our submission to the Commission in May 2008, our focus was on developing Ireland's international competitiveness through targeted tax policies, with an emphasis on developing and fostering innovation. Though the economic climate then was very different than it is today, we believe that message remains relevant and important, as illustrated by the Government's Framework Document on the Smart Economy of last December.
The Commission was established by the Minister for Finance on 14 February 2008 to review the structure, efficiency and appropriateness of the Irish taxation system. Submissions were invited from interested parties to assist in its deliberations of the issues referred to in the terms of reference.
CCAB-I comprises the Institute of Chartered Accountants in Ireland, the Association of Chartered Certified Accountants, the Chartered Institute of Management Accountants and the Institute of Certified Public Accountants in Ireland. The delegation to the Commission will be led by Mr Liam Lynch of KPMG who chairs the CCAB-I Tax Committee.