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

11:40 am

Ms Josephine Feehily:

I shall ask Mr. Rigney to respond if the Deputy wants details on this particular case. My comments are recorded in the report. This was an unusual transaction. It involved a purchase which was under construction which had many stage payments and we accepted a view that the actual transaction was not complete and, therefore, the payment was not late. It was an unusual transaction in that regard. They had not received the goods until the very end and, therefore, we accepted that argument and they paid in full immediately. It was unusual; it was a most unusual case.