Oireachtas Joint and Select Committees

Thursday, 28 June 2018

Public Accounts Committee

Chapter 21 - Tax Debt and Write Outs
Chapter 22 - Dormant Accounts Fund
Vote 9 - Office of the Revenue Commissioners
2016 and 2017 Revenue Accounts

9:00 am

Photo of Seán FlemingSeán Fleming (Laois, Fianna Fail) | Oireachtas source

I have two last questions for Mr. Cody about the published settlements. I may have already asked this question, but it was a few years ago. It comes as a surprise to a lot of people when we read the tax settlements published in The Sunday Business Postand realise the money has not necessarily been paid. It is a surprise to a lot of people who assume Revenue has collected the money. I do not expect Mr. Cody to have the details, but for the settlements published for last year, how much did Revenue actually collect? If he has the information, I will take the headline figure, but it would be a useful chart for the committee to receive. I believe 99% of the public assume that if a person's name is in the newspapers having been caught for a sum of €300,000, he or she has actually paid it. The committee has previously established that this is not necessarily the case. Revenue may just have got a judgment against the person concerned and not collected the money. Does Mr. Cody have any information available on the matter?

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