Oireachtas Joint and Select Committees

Tuesday, 12 December 2017

Committee on Budgetary Oversight

Revaluation of Local Property Tax and Commercial Stamp Duty: Revenue Commissioners

4:00 pm

Photo of Martin HeydonMartin Heydon (Kildare South, Fine Gael) | Oireachtas source

I have a few questions about projections of stamp duty in general. Does Revenue believe that there is sufficient consultation with and by the Department of Finance in advance of this measure being introduced? I will start with the preparation of the budget each year. Is it normal practice for officials from Revenue to compile data and projections for the Department of Finance on any revenue-raising measures? Does Revenue provide the Department of Finance with any data or projections on commercial stamp duty to inform the preparation of the budget and if not, why not?

Is it the case that Department of Finance officials accompany officials from the Revenue Commissioners to meetings with Oireachtas committees so that policy matters can be covered? The practice should be followed in meetings with the Committee on Budgetary Oversight as well, but that is an issue for another day.

To repeat my first question, is it normal practice for officials from Revenue to compile data and projections for the Department for any revenue-raising measures?

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