Oireachtas Joint and Select Committees
Tuesday, 12 December 2017
Committee on Budgetary Oversight
Revaluation of Local Property Tax and Commercial Stamp Duty: Revenue Commissioners
4:00 pm
Martin Heydon (Kildare South, Fine Gael)
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I have a few questions about projections of stamp duty in general. Does Revenue believe that there is sufficient consultation with and by the Department of Finance in advance of this measure being introduced? I will start with the preparation of the budget each year. Is it normal practice for officials from Revenue to compile data and projections for the Department of Finance on any revenue-raising measures? Does Revenue provide the Department of Finance with any data or projections on commercial stamp duty to inform the preparation of the budget and if not, why not?
Is it the case that Department of Finance officials accompany officials from the Revenue Commissioners to meetings with Oireachtas committees so that policy matters can be covered? The practice should be followed in meetings with the Committee on Budgetary Oversight as well, but that is an issue for another day.
To repeat my first question, is it normal practice for officials from Revenue to compile data and projections for the Department for any revenue-raising measures?