Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

The individual in this case argued with Revenue for seven years. Revenue pursued them and won both cases in the High Court and the Court of Appeal. Some €400,000 will be paid in that levy. Will Mr. Cody explain if the legal costs that would apply? I assume Revenue built up quite a significant amount of legal costs in that case. I commend Revenue; it is important to pursue these issues to the nth degree. Does Revenue have a concern about that fact that there is a smaller number of people paying the non-domiciled levy?

Mr. Cody mentioned that there is €2.5 billion of debt tax outstanding through the warehouse scheme. This was important in the Covid-19 period. There is a crunch period, given the economic environment and uptick in insolvencies. I understand that some of that debt has been written off in recent times; it was €26.4 million. Will Mr. Cody give the committee an indication of how much of that debt tax warehousing Revenue expects to receive? We always knew when there was debt warehousing that not every bit of debt was going to be collected, it is the same in terms of taxable accrued, with companies falling into insolvency and so on. Is that in keeping with Revenue's expectations? Is that lower or higher than Revenue's expectation? Where does Revenue see it going?