Oireachtas Joint and Select Committees
Thursday, 1 June 2017
Public Accounts Committee
2015 Annual Report of the Comptroller and Auditor General and Appropriations Account
Chapter 13 - Revenue's Review of Medical Consultants' Tax Affairs
Chapter 14 - Research and Development Tax Credit
Chapter 16 - Deferral of Tobacco Stamp Liability
9:00 am
Mr. Niall Cody:
The RCT system is a really important tool to ensure compliance in the construction sector. The move to the electronic system in 2012 is one of the major reforms of the administration of the tax system. It is predicated on payment notifications by principal contractors. The onus of compliance in RCT is on a principal contractor, not the subcontractor.