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
Mr. Niall Cody:
In my earlier comments to Deputy Cassells I talked about the breakdown of the 83 individuals. Some 25 are family members who do not have an income. They are in our HWI class because they may well be recipients of significant gifts and they are liable for capital acquisitions tax on gifts. As the Deputy can imagine, with HWIs there are family groups so we look at the family group together. They may not have an income.
No comments