Oireachtas Joint and Select Committees

Thursday, 21 February 2013

Public Accounts Committee

2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 7 - Audit of Revenue 2011
Chapter 8 - Revenue Outturn 2011
Chapter 9 - Revenue Debt Collection
Chapter 10 - Increasing Tax Compliance

10:40 am

Ms Josephine Feehily:

I am not an economist, but I have an economist who has done very sophisticated hedonic regression work and essentially Revenue has gathered up the property values from the stamp duty system since 2010. Therefore, they are not the inflated values that applied prior to 2010. We have approximately 36,500 values in the model.