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:
We constantly review the domicile levy and the programme. I will say a few things about the levy. It was introduced in 2010 and the thresholds have not changed. To be liable for the domicile levy, you have to have a worldwide income that exceeds €1 million, Irish property greater in value than €5 million and Irish income tax liability of less than €200,000 in a year. Many of the people pay some income tax in Ireland. The €200,000 has stayed at the same figure, so the €200,000 is worth a lot less than it was-----