Oireachtas Joint and Select Committees

Thursday, 15 November 2018

Public Accounts Committee

2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9: Office of the Revenue Commissioners
Chapter 17: Revenue's Progress in Tackling Tobacco Smuggling
Chapter 18: Management of High Wealth Individuals' Tax Liabilities
Chapter 19: Corporation Tax Losses

9:00 am

Photo of David CullinaneDavid Cullinane (Waterford, Sinn Fein) | Oireachtas source

Let us get to the reason we are here - the report of the Comptroller and Auditor General, page 222 of which relates to high wealth individuals. The report states, "...information relating to assets is not required for income tax returns. This makes identifying HWIs and assessing associated risks challenging for revenue bodies". Will Mr. McCarthy expand on what exactly that means?

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