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 Kate O'ConnellKate O'Connell (Dublin Bay South, Fine Gael) | Oireachtas source

I will try to be as brief as possible. We had the Charities Regulator in here last week and I wish to ask Mr. Cody about its relationship with Revenue, insofar as that is possible. We heard evidence last week that Revenue removed 579 people from the register of charities because they were inactive. Could he explain "inactive"? Is the removal from the register due to there being no activity on the account or is there any inference that there was anything untoward about their activities?

We heard evidence that a number of charities or groups have money in a Davy investment account, but some of the entities within the group no longer have charitable status. The fund is a historic one that pays a twice yearly dividend. I wonder about the tax status. Is there any way of retrospectively changing the status of groups in the fund? The understanding is that money was collected by a charity and the fact is that a dividend is paid. If charitable status no longer applies then perhaps there should be some change. Could Mr. Cody speak to that and inform me of the position?

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