Dáil debates

Wednesday, 5 July 2017

Ceisteanna - Questions (Resumed) - Priority Questions

Tax Avoidance

2:30 pm

Photo of Séamus HealySéamus Healy (Tipperary, Workers and Unemployed Action Group) | Oireachtas source

I am simply not happy with the Minister's reply. My question relates to the future. We understand that this matter has been before the courts. The Circuit Court has found in favour of the Revenue Commissioners but we are aware that there is an appeal pending. We obviously cannot interfere with what happens in the courts but what happens in the future is not a matter for the courts; it is a matter for the Government. It is the responsibility of the Government to introduce legislation to ensure this loophole is closed, and closed for all time. I asked the Minister to do that again.

It is important to remember that the individuals involved are household names. They are very wealthy and powerful and are part of a group with significant financial assets, amounting to €37 billion more than at peak-boom levels. They have done very well out of the recession and the recovery. There is no doubt they have used their position in this regard effectively to be part of a scam against the State and the public generally.

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