Oireachtas Joint and Select Committees

Thursday, 9 May 2013

Public Accounts Committee

2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: VAT on Intra-Community Trade

11:20 am

Ms Josephine Feehily:

Yes. Until the other country lifts the request, we would monitor the company for it. It is handled centrally. Monitoring means we monitor transactions and give information to that other country. If we spotted something that was a risk to us, we would act on it but it is a monitoring, it is not an investigation. Perhaps the other country might have seen something that suggested carousel behaviour.