Oireachtas Joint and Select Committees

Tuesday, 20 September 2016

Committee on Budgetary Oversight

Revenue Raising Proposals: Minister for Finance and Revenue Commissioners

9:30 am

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

In my reply to Deputy Donnelly I said that what was published in respect of section 110s did not solve the problem in relation to funds. I also said additional work had to be done to address the funds issue. I invited Deputy Donnelly to make submissions so that we could address the funds issue. The Department of Finance and the Revenue Commissioners are looking at the funds issue and it is hoped that proposals will come forward before the Finance Bill is published, presumably two weeks after the budget, and be processed in this calendar year. We will be finishing up in the second week in December. I make the same offer to Deputy Pearse Doherty, on his own behalf or through the committee, to send in any solutions he would like to run by the Department and the Revenue Commissioners.

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