Oireachtas Joint and Select Committees
Thursday, 28 June 2018
Public Accounts Committee
Chapter 21 - Tax Debt and Write Outs
Chapter 22 - Dormant Accounts Fund
Vote 9 - Office of the Revenue Commissioners
2016 and 2017 Revenue Accounts
9:00 am
Shane Cassells (Meath West, Fianna Fail)
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Mr. Cody mentioned 2010. Since then nearly €1.8 billion in tax has been written off, which averages out to €250 million a year. In any man's language, or in layman's language, that is a significant amount of money, notwithstanding the increases in tax revenue in the eight year period. In terms of getting that average down and reducing the proportion of tax collectable that is written off, does Mr. Cody have any assessment on whether that level of write-off is acceptable as a percentage of tax collected?