Oireachtas Joint and Select Committees
Wednesday, 29 May 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Property Tax: Discussion with Revenue
5:30 pm
Peter Mathews (Dublin South, Fine Gael)
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Do I? On Deputy Pearse Doherty's point, the Revenue is responsible for administering the taxation system and that the Government is responsible for introducing legislation and drawing up policy. In the context of the fiscal vulnerability of individuals, there appears to be a difference between the ability of the Revenue to intrude upon the financial affairs and resources of individuals and those of companies. Companies have walls of steels of steel in place in the form of advisory firms, auditing firms and professionals. They have in place, therefore, a veil of impermeability and the Revenue cannot remove funds from their PAYE revenues.