Oireachtas Joint and Select Committees

Wednesday, 29 November 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Paradise Papers: Chairman, Office of the Revenue Commissioners

6:15 pm

Mr. Niall Cody:

Legally, the issue is around the timeline in which information has to be held under the other jurisdictions. I understand in the case of the Isle of Man it is ten years. We are at that start of a process. We have had discussions about the various competent authority roles in respect of exchange of information. We are actively looking at following up on that type of information. It is a process that has started. One of the interesting things about the Paradise Papers is the colour behind the releases. We have not got the full information, obviously. We have seen what the newspapers have published and accessed the lists but they have published limited information.