Oireachtas Joint and Select Committees

Thursday, 20 February 2014

Public Accounts Committee

2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 23 - Revenue Collection
Chapter 24 - Management of Revenue Debt
Chapter 25 - Taxpayer Compliance
Chapter 26 - Corporation Tax Losses
Chapter 27 - Tax Audit Settlements

10:50 am

Ms Josephine Feehily:

The cluster of the bottom four bands is consistent with data put in the public domain by the Thornhill report and other commentators, such as the Dublin Accommodation Finder Terminal, DAFT, and so on. There may be some nuancing within the bands. It is important to remember the valuation date was May 2013. We are very clear in the belief that recent colour supplements do not reflect the valuation that is relevant for property tax. If one views the bands as a cluster they are completely consistent with the other data that were published by the experts at the time. There might be nuances in between.

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