Results 12,581-12,600 of 34,632 for speaker:Seán Fleming

Public Accounts Committee: Chapter 21 - Tax Debt and Write Outs
Chapter 22 - Dormant Accounts Fund
Vote 9 - Office of the Revenue Commissioners
2016 and 2017 Revenue Accounts (28 Jun 2018)

Seán Fleming: Is it 8%?

Public Accounts Committee: Chapter 21 - Tax Debt and Write Outs
Chapter 22 - Dormant Accounts Fund
Vote 9 - Office of the Revenue Commissioners
2016 and 2017 Revenue Accounts (28 Jun 2018)

Seán Fleming: What would the taxpayer have to pay?

Public Accounts Committee: Chapter 21 - Tax Debt and Write Outs
Chapter 22 - Dormant Accounts Fund
Vote 9 - Office of the Revenue Commissioners
2016 and 2017 Revenue Accounts (28 Jun 2018)

Seán Fleming: Or corporation tax. They are high enough rates at the moment. I refer to 10%.

Public Accounts Committee: Chapter 21 - Tax Debt and Write Outs
Chapter 22 - Dormant Accounts Fund
Vote 9 - Office of the Revenue Commissioners
2016 and 2017 Revenue Accounts (28 Jun 2018)

Seán Fleming: It will be cheaper.

Public Accounts Committee: Chapter 21 - Tax Debt and Write Outs
Chapter 22 - Dormant Accounts Fund
Vote 9 - Office of the Revenue Commissioners
2016 and 2017 Revenue Accounts (28 Jun 2018)

Seán Fleming: I understand that.

Public Accounts Committee: Chapter 21 - Tax Debt and Write Outs
Chapter 22 - Dormant Accounts Fund
Vote 9 - Office of the Revenue Commissioners
2016 and 2017 Revenue Accounts (28 Jun 2018)

Seán Fleming: Yes. It is 20% or something like that, I think.

Public Accounts Committee: Chapter 21 - Tax Debt and Write Outs
Chapter 22 - Dormant Accounts Fund
Vote 9 - Office of the Revenue Commissioners
2016 and 2017 Revenue Accounts (28 Jun 2018)

Seán Fleming: I ask Mr. Cody to explain the difference between the net and the gross.

Public Accounts Committee: Chapter 21 - Tax Debt and Write Outs
Chapter 22 - Dormant Accounts Fund
Vote 9 - Office of the Revenue Commissioners
2016 and 2017 Revenue Accounts (28 Jun 2018)

Seán Fleming: The interest.

Public Accounts Committee: Chapter 21 - Tax Debt and Write Outs
Chapter 22 - Dormant Accounts Fund
Vote 9 - Office of the Revenue Commissioners
2016 and 2017 Revenue Accounts (28 Jun 2018)

Seán Fleming: Is that interest subject to tax?

Public Accounts Committee: Chapter 21 - Tax Debt and Write Outs
Chapter 22 - Dormant Accounts Fund
Vote 9 - Office of the Revenue Commissioners
2016 and 2017 Revenue Accounts (28 Jun 2018)

Seán Fleming: It is a good return on one's money, then: owe Revenue money and one gets it back tax-free.

Public Accounts Committee: Chapter 21 - Tax Debt and Write Outs
Chapter 22 - Dormant Accounts Fund
Vote 9 - Office of the Revenue Commissioners
2016 and 2017 Revenue Accounts (28 Jun 2018)

Seán Fleming: I understand that.

Public Accounts Committee: Chapter 21 - Tax Debt and Write Outs
Chapter 22 - Dormant Accounts Fund
Vote 9 - Office of the Revenue Commissioners
2016 and 2017 Revenue Accounts (28 Jun 2018)

Seán Fleming: I know.

Public Accounts Committee: Chapter 21 - Tax Debt and Write Outs
Chapter 22 - Dormant Accounts Fund
Vote 9 - Office of the Revenue Commissioners
2016 and 2017 Revenue Accounts (28 Jun 2018)

Seán Fleming: Obviously, the Tax Appeals Commission has no information on this, but we are asking Revenue, if it does not have information on, for example, the 5,000 cases in there, to see whether it can work on them. That is all I can say at this stage. Revenue has an idea of the amount of tax that was due, as far as it was concerned, and that arrived in the appeals office. Is that right? Then, when...

Public Accounts Committee: Chapter 21 - Tax Debt and Write Outs
Chapter 22 - Dormant Accounts Fund
Vote 9 - Office of the Revenue Commissioners
2016 and 2017 Revenue Accounts (28 Jun 2018)

Seán Fleming: A bit of both.

Public Accounts Committee: Chapter 21 - Tax Debt and Write Outs
Chapter 22 - Dormant Accounts Fund
Vote 9 - Office of the Revenue Commissioners
2016 and 2017 Revenue Accounts (28 Jun 2018)

Seán Fleming: Or amended.

Public Accounts Committee: Chapter 21 - Tax Debt and Write Outs
Chapter 22 - Dormant Accounts Fund
Vote 9 - Office of the Revenue Commissioners
2016 and 2017 Revenue Accounts (28 Jun 2018)

Seán Fleming: I understand.

Public Accounts Committee: Chapter 21 - Tax Debt and Write Outs
Chapter 22 - Dormant Accounts Fund
Vote 9 - Office of the Revenue Commissioners
2016 and 2017 Revenue Accounts (28 Jun 2018)

Seán Fleming: In other words, somebody has come up with the €1.6 billion figure, so Revenue has come up with the 5,000 cases adding up to €1.6 billion. The Tax Appeals Commission cannot come-----

Public Accounts Committee: Chapter 21 - Tax Debt and Write Outs
Chapter 22 - Dormant Accounts Fund
Vote 9 - Office of the Revenue Commissioners
2016 and 2017 Revenue Accounts (28 Jun 2018)

Seán Fleming: Revenue has the figure of what went in and knows the cases that came back out. I accept cases will be withdrawn and perhaps Revenue can have a line in its figures detailing cases withdrawn-----

Public Accounts Committee: Chapter 21 - Tax Debt and Write Outs
Chapter 22 - Dormant Accounts Fund
Vote 9 - Office of the Revenue Commissioners
2016 and 2017 Revenue Accounts (28 Jun 2018)

Seán Fleming: There is movement in and out, but I ask Mr. Cody at least to look into the cases that were completed in the year in order that at least somebody has an idea of what happened. We have no idea what happens, really, when a case goes to the Tax Appeals Commission and Mr. Cody is the one with the information. The Tax Appeals Commission do not have that.

Public Accounts Committee: Chapter 21 - Tax Debt and Write Outs
Chapter 22 - Dormant Accounts Fund
Vote 9 - Office of the Revenue Commissioners
2016 and 2017 Revenue Accounts (28 Jun 2018)

Seán Fleming: The next question is whether Revenue could consider the following system. Perhaps it might help reduce the flow of cases into appeals if Revenue had something in its notification giving people the right of a review because it is said there is not much of that. Again, in social protection, for example, if someone is not happy with the decision of a deciding officer, he or she can seek a...