Dáil debates

Thursday, 18 May 2017

Ceisteanna - Questions - Priority Questions

Revenue Commissioners Enforcement Activity

4:40 pm

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael) | Oireachtas source

The six-month period was the period advised by the Revenue Commissioners. They sought to ensure the maximum return from the voluntary disclosures in terms of time and in terms of the amount of tax that would come in on a voluntary basis. The estimate is now somewhat in excess of €73 million. Those that are availing of tax exile status are doing so in accordance with law. If any change was to take place on that, it would need substantive change in a subsequent finance Bill. This does not apply because they are operating in accordance with law.

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