Oireachtas Joint and Select Committees

Wednesday, 18 February 2015

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

Estimates for Public Services 2015
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised)

5:00 pm

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael) | Oireachtas source

The allocation was €0.575 million. That was provided to enable the unit to continue its programme of rolling reviews of tax categories and expenditures. In addition to the above, the committee will be aware that the division has been engaged in a number of legal challenges which will continue in 2015. The allocation sought for 2015 is increased to reflect the additional external expert support we expect to need in the ongoing work as we explore ways to reposition Ireland to reap the benefits of the sustainable foreign direct investment and the changing international tax landscape. Our provision in the tax area provides for a rolling review of tax expenditures. Members are well aware of the new international focus on corporation tax and we want to ensure we are fully informed and fully equipped when negotiating with the Commission and OECD and various partner countries.

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