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. Seamus McCarthy:

The system of auditing that has been outlined is certainly planned and very deliberate. I think we have established and accept that it effectively targets higher-risk areas, and we discussed this at the previous meeting when we talked about tax compliance. I am not familiar with the specifics of this individual case that got the ball rolling here. Inevitably, there can be circumstances that go unnoticed for a period but I think over time, with random testing and good targeting of taxpayers, most things should get at least a look, which allows one to identify, if one has good antennae-----