Oireachtas Joint and Select Committees

Wednesday, 22 June 2016

Committee on Arrangements for Budgetary Scrutiny

Engagement with Irish Fiscal Advisory Council

10:00 am

Mr. Seamus Coffey:

Revenue does not have the inputs. When companies submit their preliminary tax, they tell the Revenue how much tax they think they owe and they pay 90% of it. They do not provide great detail. Companies must file a very detailed corporate tax return nine months after their year end. We could not get any additional information much quicker, unfortunately.

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