Oireachtas Joint and Select Committees

Thursday, 28 November 2019

Public Accounts Committee

2018 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 17 - Tax compliance interventions
Chapter 18 - Tax relief on film production

9:00 am

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

I am not trying to get Mr. Cody to say something he does not want to say. That is not my purpose in asking this question. The report the Irish Fiscal Advisory Council has published is very important. It is one of the main news items today because it is something on which people now put more focus because of what happened in the crash. All I am saying is that, if the council is warning that there is a danger in basing spending on tax receipts which may be unsustainable, surely Revenue has to have some view on whether this revenue is sustainable or not. That is what I am asking. We do not want to see something, either foreseen or unforeseen depending on how one looks at it, happening, such as some of these corporations leaving for whatever reason, resulting in reduced corporation tax receipts and adjustments having to be made. We do not want it to be the case that nobody is to blame because nobody had a role. Surely Revenue has to have some opinion as to whether these receipts are sustainable.

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