Oireachtas Joint and Select Committees
Monday, 16 November 2020
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Finance Bill 2020: Committee Stage
Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source
I thank the Deputy. If there is sharing information between this and related to those overseeing the trusts and the registration of trusts in our country, it will only be on an anonymised and overall basis. In keeping with the requirements of taxpayer confidentiality, the Revenue Commissioners will be using the granular information available to them to make sure that shares and share-related instruments are accurately reported and that any tax on them is correctly charged and collected. However, the Revenue Commissioners will not be sharing this kind of granular information beyond the domain of their organisation. That is in keeping with the long-standing practice of the Revenue Commissioners in protecting taxpayer confidentiality.
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