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

11:30 am

Photo of Derek NolanDerek Nolan (Galway West, Labour) | Oireachtas source

I can accept that for a small case or even for a medium case. Where the initial assessment is €22 million owed and Revenue settled for €15 million - even though, by rights, €22 million plus interest and penalties should have brought the figure up to a minimum of €36 million and a maximum of €54 million - we are pushing the idea of trusting the auditor on the issue.

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