Oireachtas Joint and Select Committees
Thursday, 15 November 2018
Public Accounts Committee
2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9: Office of the Revenue Commissioners
Chapter 17: Revenue's Progress in Tackling Tobacco Smuggling
Chapter 18: Management of High Wealth Individuals' Tax Liabilities
Chapter 19: Corporation Tax Losses
9:00 am
Mr. Niall Cody:
Absolutely. One of the most interesting things around the HWIs, as I said in my opening remarks, is that we do not assume that any of them does not pay their right share. In fact, as I noted in preparation for today, the number of HWIs who are resident in Ireland and who pay effective rates when we include PRSI and USC of 50% is actually quite striking and reassuring.