Oireachtas Joint and Select Committees

Thursday, 16 May 2019

Public Accounts Committee

Business of Committee

9:00 am

Photo of Seán FlemingSeán Fleming (Laois, Fianna Fail)
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No. 8 refers to corporation tax and involves an estimated figure of more than €100 million. It states that the High Court has imposed a stay on progressing this appeal pending the outcome of judicial review proceedings which have yet to be heard in the High Court. No. 10 relates to an environment levy and the estimated quantum of the case is between €30 million and €50 million. As the Deputy stated, the Supreme Court has imposed a stay on progressing the appeal pending its judgment in proceedings which have yet to be heard. The case has not been decided. We should be able to get further information. If the cases are before the courts, they are a matter of public record. We will ask for that information to be sent to the committee. We understand that if a court tells the Tax Appeals Commission not to decide a case until the court proceedings have concluded, the commission must comply. It is not its fault that there are many cases on its desk.

The next item on the agenda is accounts received since our last meeting. The Ombudsman for Children received a clear audit opinion for 2017. Institute of Technology Tralee received a clear audit opinion, but it incurred a deficit each year for the past five years, an accumulated revenue deficit of €4.4 million. The Comptroller and Auditor General highlights that in regard to its continued existence. Obviously, it needs support to clear its deficit. Fís Éireann, formerly known as the Irish Film Board, received a clear audit opinion. The Revenue account received a clear audit opinion. There is a minor detail involving €77 billion. Is that the Central Fund?