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 only accept Ms Feehily's bona fides on that and I will. Is it not a contradiction, reaching an arbitrary settlement figure - deciding on that figure that "X" will be allocated interest and "X" will be the principal - with a statutory obligation to always charge interest and that there is not mitigation allowed by the legislation?

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