Written answers
Thursday, 24 September 2015
Department of Finance
Revenue Commissioners Investigations
Michael McGrath (Cork South Central, Fianna Fail)
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98. To ask the Minister for Finance the amount recovered by the offshore assets group section in the Revenue Commissioners in 2014 and to date in 2015; and if he will make a statement on the matter. [32637/15]
Michael Noonan (Limerick City, Fine Gael)
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I am advised by the Revenue Commissioners that the remit of their Investigations and Prosecutions Division's Offshore Assets Group is to investigate the use of offshore accounts to evade or avoid tax and to ensure that any moneys owed, including interest and penalties, are recovered. Payments amounting to €9.46 million were received in 2014 as a result of the Group's work, and the amount received to date in 2015 is €4.64 million. Total payments since the inception of the Group are €1,013.73 million.
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