Oireachtas Joint and Select Committees
Thursday, 25 January 2024
Public Accounts Committee
Appropriation Accounts 2022
Vote 9 - Office of the Revenue Commissioners
Account of the Receipt of the Revenue of the State collected by the Revenue Commissioners 2022
Report on the Accounts of the Public Services 2022
Chapter 20 - Assessment and Collection of Local Property Tax
Chapter 21 - Revenues Tax Debt Warehousing Scheme
Chapter 22 - Corporation Tax Losses
9:30 am
Mr. Niall Cody:
The non-compliance rate, once you get over the natural lag that is in any tax system, is approximately 3%. I have been involved in the LPT from the very start. The first thing we had to do was build a register because there was no register of residential properties anywhere. Eircodes had not been introduced. We had to build up a register. The definition can be seen in the context of the vacant homes tax, because the property has to be habitable. That was a challenge in the context of finding the valid, actual, full number of properties. I do not think we will ever fully get it-----