Michael McGrath (Cork South Central, Fianna Fail)
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75. To ask the Minister for Finance if he will address a taxation query (details supplied). [36437/16]

Michael Noonan (Limerick City, Fine Gael)
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It is understood the matter referred to by the Deputy concerns a redress scheme for customers of a financial institution relating to access to tracker mortgages.  Before determining the tax consequences on this matter the Revenue Commissioners have advised me that they would need to examine the detailed documentation. However, it is also understood that should a tax liability attach to any element of the redress scheme, the tax liability will be discharged by the relevant financial institution.