Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I move amendment No. 36:

In page 109, line 9, to delete “(1)”.

Section 84 of the Bill inserts a new section 891L into the Taxes Consolidation Act 1997 to transpose article 12a of the Directive on Administrative Cooperation, DAC, into Irish law. This provide a legal basis under which EU member states can request for their officials to conduct a joint audit of an Irish resident taxpayer, with our counterparts in the Revenue Commissioners. When it comes to the confidentiality of taxpayer information, Revenue officials are already bound by section 851A of the Taxes Consolidation Act. However, this amendment provides that foreign officials carrying out joint audits would be subject to similar rules and sanctions.