Oireachtas Joint and Select Committees
Thursday, 9 May 2013
Public Accounts Committee
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: VAT on Intra-Community Trade
12:10 pm
Seán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source
This is the three-card trick, but not being played by the Revenue Commissioners. The people are being told the valuation is set, unless someone sets it at the lowest valuation of €90 per annum. I and everybody else understood that the valuation would hold for three years and I have met no-one who understood any different until now. Now, Ms Feehily seems to be saying that in September of next year the Revenue Commissioners will say the valuation can be held, but that it will not be at 0.18% but at 0.19% or so.
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