Written answers

Tuesday, 3 May 2011

9:00 pm

Photo of Liam TwomeyLiam Twomey (Wexford, Fine Gael)
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Question 131: To ask the Minister for Finance if the Revenue Commissioners will review the revenue block they have placed on the account of a company (details supplied) in view of the fact that this is having a significant effect on the cash flow of the business; and if he will make a statement on the matter. [9297/11]

Photo of Michael NoonanMichael Noonan (Minister, Department of Finance; Limerick City, Fine Gael)
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This is a matter for the Revenue Commissioners. I am advised by the Revenue Commissioners that there has been a substantial record of non-compliance and broken payment agreements by the business concerned and that the basic financial viability of the business is something that is of serious concern in the context of allowing any further deterioration in the tax debt situation of the business. In those circumstances Revenue is not in a position to halt its current enforcement action until the existing debt is paid.

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