Oireachtas Joint and Select Committees

Thursday, 4 December 2014

Public Accounts Committee

Investigations by Revenue into Authorised Officers Report

12:00 pm

Ms Josephine Feehily:

We are always pursuing issues. We always have new projects and try to unearth new scams. This year alone, our special investigations will bring in approximately €25 million. The environment for tax evasion has changed enormously, particularly for global tax evasion. The EU savings directive gives us access to foreign bank accounts and now, given the environment under the OECD for the ending of banking secrecy and opening up automatic exchange of information in 2017, way outside the European Union, I have no doubt we will get new avenues of inquiry.

There is always something new.