Oireachtas Joint and Select Committees
Thursday, 16 June 2022
Public Accounts Committee
Business of Committee
9:30 am
Mr. Seamus McCarthy:
No, by agents of NAMA. That was the difficulty. It was unclear as to whether withholding tax should have been paid. In 2017, they brought it to the attention of Revenue themselves but it is only now being finalised in relation to the period 2013 to 2016. Once they had identified that there was a problem, they changed the practice and there was no difficulty after 2017 but the settlement has only been reached now.
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