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

11:30 am

Ms Josephine Feehily:

Some of it will. Some of each of the tranches over time will be collected. If it is under appeal and is going before the court, it may well depend on whether we win or lose. In other cases it may well be that at the end of the process, the business is no longer there, and although we might win, we will get no money. There is no doubt that some of it will be collected.