Clare Daly (Dublin North, Socialist Party)
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203. To ask the Minister for Finance the reason a company (details supplied) which operates commercially with corporate membership and has almost €1 million on deposit upon which no tax was paid as a result of the fact that it has charitable status and yet other companies in the same business offering the same service pay tax on profits and have not been awarded charitable status. [17879/14]

Michael Noonan (Limerick City, Fine Gael)
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I am advised by Revenue that for reasons of taxpayer confidentiality it cannot comment upon the tax affairs of individual bodies.

However, Revenue has also informed me that in order to avail of a charitable tax exemption a body or trust must be established for charitable purposes only and must apply all of its income to charitable purposes.

I am assured that procedures are in place to ensure that the exemption is only granted to bodies that meet the necessary criteria. Furthermore, bodies granted an exemption are subjected to periodic review to ensure that they continue to comply with the terms of that exemption. All relevant matters are taken into account in the context of such reviews.