Oireachtas Joint and Select Committees

Tuesday, 7 November 2017

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

Finance Bill 2017: Committee Stage

6:00 pm

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

The people who will give me that assurance are the Revenue Commissioners. They will not comment on any individual case, because it is up to them to do their work in that area. I spoke to the chairman yesterday morning. To use Deputy Doherty's phrase, I lifted the phone to him to say that I was obviously very concerned about the information that was contained in those papers and I wanted an update from him. I asked him for an update on work that was done. He informed me yesterday that in terms of general avoidance of people's tax obligations through being involved in offshore activity, the Revenue Commissioners in recent years have generated an additional €1 billion in revenue. He assured me that this matter on any company or individual was and is taken very seriously by him. No doubt in my future engagement with the chairman on this matter he will give me an update on this issue.

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