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:
That is the starting point. The HWI base currently pays a lot of money. It is also the case that the top 1% of income earners have 10% of the income while paying 21% of the income tax. The top 10% have 35% of the income and pay 59% of total income tax and 58% of income tax and USC combined. That is the cohort involved. They are pay an awful lot of money.