Oireachtas Joint and Select Committees
Thursday, 20 February 2014
Public Accounts Committee
2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 23 - Revenue Collection
Chapter 24 - Management of Revenue Debt
Chapter 25 - Taxpayer Compliance
Chapter 26 - Corporation Tax Losses
Chapter 27 - Tax Audit Settlements
11:30 am
Ms Josephine Feehily:
It is because they met the criterion to qualify as technical adjustments in the code of practice so a penalty was not available to us in either case. That is very common in complex cases, as I discussed earlier with Deputy Connaughton. They were both penalty adjustments so there would have been no penalty available to us.