Oireachtas Joint and Select Committees

Tuesday, 15 November 2016

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance Bill 2016: Committee Stage (Resumed)

2:00 pm

Photo of Eoghan MurphyEoghan Murphy (Dublin Bay South, Fine Gael) | Oireachtas source

The intention of the provision is to introduce an anti-tax avoidance measure to stop people avoiding paying tax. That is the primary purpose of the amendment. It is not necessarily revenue raising, although we obviously recognise that as people can no longer avoid the tax they will pay money into the Exchequer.

That is the way we are proceeding on this. We will know if it is successful if we see X amount in the Exchequer coming from this. I do not know if the suggestion is possible but I will speak to officials and, if it is, we will include it.

Comments

No comments

Log in or join to post a public comment.