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

12:20 pm

Ms Josephine Feehily:

However, non-filing of returns is a large programme for which the consequences, generally speaking, are a modest enough fine.

In the Ansbacher investigations, my recollection is that we collected approximately €112 million or €113 million, and without checking - I can write to the committee, if Deputy Ross wishes - I am quite certain a very large proportion of that contained financial penalties of a very significant kind. The treatment in the Ansbacher cases was fully in accordance with the law. My colleague has just advised me that the penalties and interest on Ansbacher cases was €62.59 million out of a total yield of €112.69 million.