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

1:10 pm

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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Could I ask Ms Feehily a brief question about that? I concentrated on a very specific area earlier on in my contribution but I looked at the chapters in preparation for the session. In respect of the point made by Deputy O'Donnell, the point is made in the chapter on Revenue outturns that in 2011, while 36,000 taxpayers paid corporation tax, 129 were accountable for two thirds of that tax. A taxpayer in this case is, of course, a company or unit as opposed to an individual. It goes on to say that a large proportion of the losses, which I assume are what we have just been discussing, is accounted for by a relatively small number of taxpayers.