Results 10,441-10,460 of 26,394 for speaker:David Cullinane

Public Accounts Committee: 2018 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 17 - Tax compliance interventions
Chapter 18 - Tax relief on film production (28 Nov 2019)

David Cullinane: I have no problem with that. What was the reason for the non-compliance?

Public Accounts Committee: 2018 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 17 - Tax compliance interventions
Chapter 18 - Tax relief on film production (28 Nov 2019)

David Cullinane: That information is helpful. What we are hearing today is that in some cases where there is non-compliance it is because the OGP does not have the frameworks in place in time for Revenue to be able to avail of them. In other instances, mistakes are made or there is a lack of planning on behalf of, say, Revenue, or a particular Department. This is not a huge issue. In the context of...

Public Accounts Committee: 2018 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 17 - Tax compliance interventions
Chapter 18 - Tax relief on film production (28 Nov 2019)

David Cullinane: That is my point. Of all of the Departments, the Office of the Revenue Commissioners is the most important in terms of full compliance with procurement rules. If there are issues with the frameworks, that is a separate matter beyond Mr. Cody's control. In matters that are within his control, we would want to see compliance tightened up.

Public Accounts Committee: 2018 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 17 - Tax compliance interventions
Chapter 18 - Tax relief on film production (28 Nov 2019)

David Cullinane: That would be helpful. We are doing a piece of work in respect of which it would be important. On the corporation tax receipts, am I correct in my reading of the Revenue receipts for 2018 that corporation tax receipts was €11.442 billion?

Public Accounts Committee: 2018 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 17 - Tax compliance interventions
Chapter 18 - Tax relief on film production (28 Nov 2019)

David Cullinane: That is the net figure.

Public Accounts Committee: 2018 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 17 - Tax compliance interventions
Chapter 18 - Tax relief on film production (28 Nov 2019)

David Cullinane: How many companies pay corporation tax in this State? Does Mr. Cody that have information to hand?

Public Accounts Committee: 2018 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 17 - Tax compliance interventions
Chapter 18 - Tax relief on film production (28 Nov 2019)

David Cullinane: What percentage of the overall net corporation tax receipt were paid by the top ten or top 20 companies?

Public Accounts Committee: 2018 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 17 - Tax compliance interventions
Chapter 18 - Tax relief on film production (28 Nov 2019)

David Cullinane: Revenue has a role in regard to the collection of taxes. Mistakes were made in the past leading up to the collapse of the economy and during the Celtic tiger era. There were also problems in the banking system that led to fiscal problems, in response to which adjustments had to be made. Another one of the ingredients of the collapse was an overdependence on consumption taxes. There were a...

Public Accounts Committee: 2018 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 17 - Tax compliance interventions
Chapter 18 - Tax relief on film production (28 Nov 2019)

David Cullinane: To give some context, Mr. Coffey, head of the Irish Fiscal Advisory Council, was saying that there were warnings that the Government should not be over-reliant on corporation tax and that receipts were as likely to go up as to go down. He said that the top ten contributors were paying 45% to 55% of overall tax receipts and that the money is spent almost as soon as it comes in. He said there...

Public Accounts Committee: 2018 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 17 - Tax compliance interventions
Chapter 18 - Tax relief on film production (28 Nov 2019)

David Cullinane: That is what I asked at the start. I asked if Revenue had a role in this respect and Mr. Cody said that Revenue does give advice to the Department of Finance.

Public Accounts Committee: 2018 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 17 - Tax compliance interventions
Chapter 18 - Tax relief on film production (28 Nov 2019)

David Cullinane: I am not trying to get Mr. Cody to say something he does not want to say. That is not my purpose in asking this question. The report the Irish Fiscal Advisory Council has published is very important. It is one of the main news items today because it is something on which people now put more focus because of what happened in the crash. All I am saying is that, if the council is warning...

Public Accounts Committee: 2018 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 17 - Tax compliance interventions
Chapter 18 - Tax relief on film production (28 Nov 2019)

David Cullinane: My time is nearly up but I have just one more question. I thank Mr. Cody for his response. With regard to corporation tax receipts he is essentially saying that, when Revenue puts out this information, it shows that tax received is concentrated in a small number of companies. That speaks for itself. It speaks volumes. With regard to companies which do not pay corporation tax, how many...

Public Accounts Committee: 2018 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 17 - Tax compliance interventions
Chapter 18 - Tax relief on film production (28 Nov 2019)

David Cullinane: It is published. Okay. How many do not pay any tax? In what document are these figures found?

Public Accounts Committee: 2018 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 17 - Tax compliance interventions
Chapter 18 - Tax relief on film production (28 Nov 2019)

David Cullinane: We have the information.

Public Accounts Committee: 2018 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 17 - Tax compliance interventions
Chapter 18 - Tax relief on film production (28 Nov 2019)

David Cullinane: That is perfect. Does it cover the number of companies that do not pay corporation tax or which have 0% liability?

Public Accounts Committee: 2018 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 17 - Tax compliance interventions
Chapter 18 - Tax relief on film production (28 Nov 2019)

David Cullinane: Do we know how many such companies there are?

Public Accounts Committee: 2018 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 17 - Tax compliance interventions
Chapter 18 - Tax relief on film production (28 Nov 2019)

David Cullinane: Mr. Cody can come back to us on it because I know other Deputies want to get in.

Public Accounts Committee: 2018 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 17 - Tax compliance interventions
Chapter 18 - Tax relief on film production (28 Nov 2019)

David Cullinane: It is on the website.

Public Accounts Committee: 2018 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 17 - Tax compliance interventions
Chapter 18 - Tax relief on film production (28 Nov 2019)

David Cullinane: I thank Mr. Cody.

Public Accounts Committee: 2018 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 17 - Tax compliance interventions
Chapter 18 - Tax relief on film production (28 Nov 2019)

David Cullinane: I have just worked out the percentages in my head and 62% of companies have no liability for corporation tax. Does the report tell us why? Can Mr. Cody furnish the committee with that information?