Oireachtas Joint and Select Committees
Tuesday, 6 December 2016
Committee on Budgetary Oversight
EU Directorate-General Economic and Financial Affairs: Discussion
5:00 pm
John Paul Phelan (Carlow-Kilkenny, Fine Gael)
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The evidence we received from the Revenue Commissioners showed that such exceptional revenues did not arise. This question was raised by a number of members of the committee in the context of corporation tax in particular. The Revenue Commissioners did not figure that the increases in receipts under that heading were unreliable. They figured that the increases would continue for the foreseeable future.