Oireachtas Joint and Select Committees
Thursday, 5 November 2020
Public Accounts Committee
2019 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2019
Chapter 17 - Ireland Apple Escrow Fund
11:30 am
Mr. Derek Moran:
The Deputy asked about withholding tax and the VAT payments. There was some uncertainty about whether the fund was liable to withholding tax or VAT. Tax advice was sought on that. My view is that if one thinks one has a tax liability, one pays it and recovers from the Revenue authorities in due course. I understand that, as it turned out, the VAT payment and withholding tax payment were due and were probably chargeable to the fund.