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

Okay. A couple of members asked me to make a final comment to the Comptroller and Auditor General. When his report came out at the end of September the chapter about the number of high worth individuals paying less income tax than many people on the average industrial wage created an impression among the public. I got the same impression and I had to telephone him about it that day. It created the impression that there were many wealthy people in Ireland. It transpired very quickly that some of them might not be in Ireland at all and might just have a property in Ireland. Many of us probably did not read the detail of the chapter, which is the first thing that must be said. People looked at the headline, myself included. I believe I got it right by 6 p.m. but I might have got it wrong earlier. I hope somebody does not produce a transcript of something I said. I was on the "Six One News" trying to explain it to the news reporter as best as I could. It was a little technical but the Mr. McCarthy might just-----

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