Oireachtas Joint and Select Committees

Thursday, 2 July 2015

Public Accounts Committee

2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15: Local Property Tax
Chapter 16: Taxation of Rental Income
2014 Account of the Revenue Commissioners

10:00 am

Mr. Niall Cody:

We have two representatives working on and supporting the review. One of them is working primarily on data analytics and valuation data. The other person would have been chiefly responsible for the drafting of the legislative framework within the Act. I will explain how taxation legislation is drafted. Revenue does the drafting in conjunction with the Office of the Parliamentary Counsel. We look at how a tax hangs together. We are involved in support work. At the very start, we undertook to provide any data needed by Dr. Thornhill. We can give a view on the impact of property price changes on valuations. All of that type of support is provided. Any decision that is made will be made in the full knowledge of-----