Oireachtas Joint and Select Committees
Wednesday, 25 February 2015
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Draft Heads of Finance (Tax Appeals Commission) Bill: Discussion (Resumed)
2:30 pm
Tom Barry (Cork East, Fine Gael) | Oireachtas source
What is the driving force behind the proposed legislation? Is it necessary to legislate because the figures involved are essentially incorrect? Many businesses are taking out insurance in respect of audits, because the cost relating to the latter is quite substantial. As was stated earlier, the proposed legislation could have a greater impact on more people in this country than we realise if it proceeds in its current form. What was the genesis of the proposed legislation, why is there a need for it and what will it achieve?
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