Oireachtas Joint and Select Committees
Thursday, 2 December 2021
Public Accounts Committee
2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Revenue Commissioners
Chapter 12 - Controls over the Temporary Wage Subsidy Scheme
Chapter 13 - Revenue's Management of Suspicious Transactions Reports
9:30 am
Catherine Murphy (Kildare North, Social Democrats)
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I am sorry to interrupt Mr. Cody, but I want to ask a few more questions. In regard to the review, would Revenue be looking at bitcoin cryptocurrencies which are much more dominant now than they would have been in 2014. In a reply to a parliamentary question, I was told that VAT applies where payments are made using those types of currencies.
For example, Revolut was not used in transactions. How speedy will the review be? Will it capture the more heavily used currencies or payment methods?