Oireachtas Joint and Select Committees

Thursday, 21 February 2013

Public Accounts Committee

2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 7 - Audit of Revenue 2011
Chapter 8 - Revenue Outturn 2011
Chapter 9 - Revenue Debt Collection
Chapter 10 - Increasing Tax Compliance

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1:10 pm

Ms Josephine Feehily:

Only on the use in a given year so that as soon as the banks return to profitability, we would get a proportion of corporation tax. That is the logic behind the restriction and it meant that the losses would have to be evened out.

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