Dáil debates
Wednesday, 27 May 2009
Finance Bill 2009: Report Stage (Resumed) and Final Stage
5:00 pm
Richard Bruton (Dublin North Central, Fine Gael)
When a statement issues that shows the interest it would also show the DIRT deducted. That is the essence of the amendment. The Minister's reply, as I understand it, is that it could not be done because it would require millions of statements to be issued. My belief is that everyone gets at least one statement per year which shows the interest that has accrued to the account but, as Deputy Burton said, it shows that interest net. All the amendment proposes is that the statement, whenever it is issued, at whatever period, would show the gross, tax deduction and net amount.
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