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
10:40 am
Seán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source
During the 2011 period, how have its figures to the Central Statistics Office, CSO, tallied? It must give trade and export figures to the CSO. Does the witness know from where I am coming? The CSO is the only other benchmark I have with the company, and there is a memorandum of understanding with the Revenue Commissioners. Will Ms Feehily answer those specific questions without identifying the company? How have the VIES figures been matched with the CSO and the audited financial statements? I am sure one of the first checks that any audit would involve is reconciliation of turnover on VAT returns against turnover in financial statements. There are two ways of checking if the Revenue Commissioners are capturing most of what they should be.
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