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:

I said earlier that the threshold is a purely administrative arrangement used by the Revenue Commissioners. The same legislation applies to a person with a wealth of €30 million as it does to a person with €70 million.