Results 30,441-30,460 of 34,885 for speaker:Seán Fleming

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: VAT on Intra-Community Trade (9 May 2013)

Seán Fleming: I will refer to the note the witness provided a couple of days ago with further information and an update relating to the Comptroller and Auditor General's report. Dealing with the first recommendation on VAT and inter-company trade, the note states Revenue Commissioners districts have been given a role in following up unmatched VIES data this year. Why has it taken until this year for the...

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: VAT on Intra-Community Trade (9 May 2013)

Seán Fleming: I will move to the last paragraph on page 3 of the same document and the Waterford case study. It is recommendation 11.4. Again, the witness talks about Eurofisc and various checks being carried out. She has said a new social network tool is being explored to identify potential fraudulent business networks. Will she explain this? The paragraph also states it is expected this tool will be...

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: VAT on Intra-Community Trade (9 May 2013)

Seán Fleming: It is or it was in the services sector.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: VAT on Intra-Community Trade (9 May 2013)

Seán Fleming: It is a household name anyway.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: VAT on Intra-Community Trade (9 May 2013)

Seán Fleming: During the 2011 period, how have its figures to the Central Statistics Office, CSO, tallied? It must give trade and export figures to the CSO. Does the witness know from where I am coming? The CSO is the only other benchmark I have with the company, and there is a memorandum of understanding with the Revenue Commissioners. Will Ms Feehily answer those specific questions without...

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: VAT on Intra-Community Trade (9 May 2013)

Seán Fleming: Will Ms Feehily run that by me again?

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: VAT on Intra-Community Trade (9 May 2013)

Seán Fleming: Does it not include services?

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: VAT on Intra-Community Trade (9 May 2013)

Seán Fleming: What sort of figures are they? That is not Ms Feehily's department.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: VAT on Intra-Community Trade (9 May 2013)

Seán Fleming: Coincidentally, we can ask that this afternoon as the Taoiseach will be before a committee with the Government Chief Whip to discuss the Estimates for his Department, and there will be a discussion on the Estimate for the CSO. I will ask the question.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: VAT on Intra-Community Trade (9 May 2013)

Seán Fleming: I have referred some of my questions to it and I accept its view.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: VAT on Intra-Community Trade (9 May 2013)

Seán Fleming: What about the company's audited financial statements?

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: VAT on Intra-Community Trade (9 May 2013)

Seán Fleming: The company has been asked to revert by the end of June.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: VAT on Intra-Community Trade (9 May 2013)

Seán Fleming: Ms Feehily should ensure it answers the question to her satisfaction, and what is put in the VIES returns should reconcile with the audited financial statements. The €200 million is a theoretical figure and I do not know the breakdown between the VAT rate on goods versus services. Nevertheless, it is a figure that demonstrates a risk. The annual report published last week mentioned...

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: VAT on Intra-Community Trade (9 May 2013)

Seán Fleming: When the Revenue Commissioners write to companies seeking a VAT number, according to a report there is no new check to see if the new VAT number is correct.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: VAT on Intra-Community Trade (9 May 2013)

Seán Fleming: Can the VIES rules be changed without an EU process?

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: VAT on Intra-Community Trade (9 May 2013)

Seán Fleming: Ms Feehily has given us information today that was not included in her response in the Comptroller and Auditor General's report or the documentation we received last week by way of follow-up information. It would be helpful if Ms Feehily would give the information she has given us today to the secretary of the committee. I do not believe any member of the committee had that information...

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: VAT on Intra-Community Trade (9 May 2013)

Seán Fleming: What is the estimate? When reading this chapter yesterday I noted how at a macro level Revenue can tie up the exports in the trade figures declared in VAT returns versus CSO figures. I would take some comfort if there was a particular person in an office carrying out reasonable checks. I understand it will never be possible to do an exact reconciliation. Do the VIES returns come in every...

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: VAT on Intra-Community Trade (9 May 2013)

Seán Fleming: In terms of the cost to business - I understand Ms Feehily's point on the need to reduce costs - I am sure the Irish Revenue Commissioners were part of the European wide revenue network that drew up this scheme. If not, it should have been.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: VAT on Intra-Community Trade (9 May 2013)

Seán Fleming: That explains it.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: VAT on Intra-Community Trade (9 May 2013)

Seán Fleming: Perhaps Ms Feehily would explain the reason all of the exports of goods and services are not encompassed by VIES. Do the remainder of the amounts relate to exports outside the EU?