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

On the figures supplied by the Deputy, I do not have a figure for possible tax loss or what impact it would have on fiscal space. It is too late in the cycle now to do anything to increase the fiscal space in this budget but, obviously, it has implications for the future. Maybe Revenue can give an idea of what they think the tax loss might be or might have been, or would be, if we did not close the loophole.

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