Oireachtas Joint and Select Committees
Thursday, 14 December 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Paradise Papers (Resumed): Allied Irish Banks
9:30 am
Mr. Bernard Byrne:
There are two parts to this issue, including the High Court order process involving Revenue. When it was unable to obtain clarity around transactions that it was pursuing, it went that way. The other piece is the opening question around what happened in terms of the Revenue request in 2003 through to the process in 2004 of writing through those offshore subsidiaries to customers advising them to make a voluntary disclosure. They were the two prongs, I presume, of the Revenue approach in respect of that and trying to capture both aspects.
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