Oireachtas Joint and Select Committees
Thursday, 25 January 2024
Public Accounts Committee
Appropriation Accounts 2022
Vote 9 - Office of the Revenue Commissioners
Account of the Receipt of the Revenue of the State collected by the Revenue Commissioners 2022
Report on the Accounts of the Public Services 2022
Chapter 20 - Assessment and Collection of Local Property Tax
Chapter 21 - Revenues Tax Debt Warehousing Scheme
Chapter 22 - Corporation Tax Losses
9:30 am
Mr. Niall Cody:
The reality is that it is a new industry, but the tax rules apply to them just like they apply to anybody else. It comes down to the basic income tax rules. If they are getting an income in money or in kind, they are liable to the self-assessment system. What is different over the last while is that we are getting third-party information in. They get money from somebody. We get data from the parent entity telling us, for example, Niall Cody is getting X amount. Some people return-----
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