Oireachtas Joint and Select Committees

Wednesday, 18 November 2015

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

Finance Bill 2015: Committee Stage (Resumed)

11:00 am

Photo of Simon HarrisSimon Harris (Wicklow, Fine Gael) | Oireachtas source

Yes, and every other Deputy in the House. My exchange today has been with Deputies Tóibín and Boyd Barrett. They have rightly highlighted the need for certain information to be available to Revenue and have expressed concerns about the lack of information available. Extra information will be available to the Revenue Commissioners and other tax authorities that we did not have before.

I am a firm believer in a co-ordinated and consistent multilateral approach. As I said, the EU is carrying out an impact assessment of the issue. We will do what any prudent Government would do, namely, when the impact assessment is completed, we will assess it and make our position very clear at that stage.

There is another fundamental issue. Taxpayer information is confidential. I do not know Deputy Tóibín's tax information details nor do I want to. I want to know that the Revenue Commissioners know all the relevant details they need to ensure this country receives every cent of tax it should in order that we can invest in the social services he and I want.

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