Written answers

Thursday, 24 April 2008

5:00 pm

Photo of Jack WallJack Wall (Kildare South, Labour)
Link to this: Individually | In context

Question 68: To ask the Tánaiste and Minister for Finance if he has received notification of the inclusion of Irish residents on the list of 1,400 individuals who held money in anonymous trusts in a bank (details supplied); if he will publish such names if and when they become available; and if he will make a statement on the matter. [15611/08]

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

In my response of 4 March 2008 to the question raised by Deputy Burton (No. 207) I advised that the Revenue Commissioners had sought to establish from the German Tax authorities if any Irish residents appeared on the list held by them. They subsequently indicated that a response would be provided. This is still awaited. As the Deputy is aware the Revenue Commissioners are precluded from releasing details of information in relation to taxpayers, except where this is permitted under statute. For example under the provisions of Section 1086 of the Taxes Consolidation Act, 1997, the Revenue Commissioners publish quarterly lists of details relating to tax defaulters in Iris Oifiguil, where settlements involving tax, interest and penalties have been made.

If there are Irish resident taxpayers on the list to which the Deputy refers and the relevant information is made available to Revenue by the German Tax authorities, their tax affairs will be the subject of inquiries by Revenue. Depending on the outcome, this may or may not result in the publication of the details of any settlements made.

Comments

No comments

Log in or join to post a public comment.