Oireachtas Joint and Select Committees

Thursday, 12 March 2015

Public Accounts Committee

Revenue Commissioners Investigation of HSBC Offshore Accounts

10:00 am

Mr. Niall Cody:

No. What we have had is the normal compliance regime in relation to the funds industry. We monitor it and it is low risk by design. The tax treatment is such that it is a low risk area for Irish tax.

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