Oireachtas Joint and Select Committees
Wednesday, 22 June 2016
Committee on Arrangements for Budgetary Scrutiny
Engagement with Irish Fiscal Advisory Council
10:00 am
Mr. Seamus Coffey:
Revenue does not have the inputs. When companies submit their preliminary tax, they tell the Revenue how much tax they think they owe and they pay 90% of it. They do not provide great detail. Companies must file a very detailed corporate tax return nine months after their year end. We could not get any additional information much quicker, unfortunately.