Oireachtas Joint and Select Committees

Thursday, 2 February 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners

9:30 am

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

Yes. It is complicated. It it said that because the matter is under appeal, the sum should be put in an escrow account and then go to the winner of the court case. It has to be recovered up-front. One cannot wait to see the result of the court case before one recovers it; that is the law.

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