Oireachtas Joint and Select Committees
Wednesday, 14 June 2017
Committee on Budgetary Oversight
Corporation Tax Receipts: Department of Finance and Revenue Commissioners
3:00 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
I just wish to comment that all of these, particularly where there are jumps in the amount of taxable income that can be written down under this heading, need to be, by our committee specifically, examined forensically and we need to know more than we currently know about what is going on here. There is a real problem regarding our ability to scrutinise what is happening under these headings on the basis of the information we are getting.
Finally, can the witnesses say anything about what we can know or do not know about capital gains? What allowances or taxes are being lost or revenues forgone in the area of capital gains, given the whole movement in the property sector over the past year or two? What can the witnesses tell us about that?
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