Oireachtas Joint and Select Committees

Tuesday, 6 December 2016

Committee on Budgetary Oversight

EU Directorate-General Economic and Financial Affairs: Discussion

5:00 pm

Photo of John Paul PhelanJohn Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

The evidence we received from the Revenue Commissioners showed that such exceptional revenues did not arise. This question was raised by a number of members of the committee in the context of corporation tax in particular. The Revenue Commissioners did not figure that the increases in receipts under that heading were unreliable. They figured that the increases would continue for the foreseeable future.

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