Ruairi Quinn (Dublin South East, Labour)
Link to this: Individually | In context

Question 78: To ask the Minister for Finance the number of maturity SSIA four declarations that were not returned to financial institutions for the May 2006 deadline; the estimated tax bill to account holders as a result; and if he will make a statement on the matter. [19274/06]

Brian Cowen (Laois-Offaly, Fianna Fail)
Link to this: Individually | In context

I am informed by the Revenue Commissioners that as the maturity date for SSIAs maturing in May 2006 is 31st May, it is not possible to provide an accurate number of maturity declarations (SSIA4s) outstanding at this stage. Neither is it possible at this point to estimate the tax accruing on accounts not fully matured.

I am also informed by the Revenue Commissioners that it is their understanding that the financial institutions are taking all reasonable steps to ensure that valid declarations are returned by the maturity date.