asked the Minister for Finance whether he is prepared to furnish to the Dáil, from information in the hands of the Revenue Commissioners or otherwise, summarised figures showing (a) the amounts of dividend warrants cashed in the Irish Free State Banks from time to time during the past four years, and (b) how far the net profits or income of corporations, companies, firms, traders, professional men, farmers, etc., have varied from time to time during the same period, and how far, if at all, a shortage of such net profits or income has necessitated the expenditure of capital by way of a recourse to reserve funds or other savings.
CEISTEANNA—QUESTIONS. ORAL ANSWERS. - INCOME VARIATIONS.
(a) There is no record of the amounts of dividend warrants cashed in the Irish Free State Banks except as regards warrants in respect of sources of income outside the Saorstát. The amounts of the latter are:—
|
1923-24 |
£8,570,000 |
|
1924-25 |
£9,739,000 |
|
1925-26 |
£9,790,000 |
|
1926-27 |
£9,673,000 |
(b) It is not possible to determine the variations of incomes of the various classes referred to. No information is available as regards the expenditure of capital out of reserve funds or other savings.
How are the various incomes of these classes that I have referred to assessed by the Revenue Commissioners, if it is not possible to state the variations?
I think that is an entirely different question.
Are not the incomes of these classes that I have referred to assessed yearly by the Revenue Commissioners, and, if they are, would the Minister not be in a position to inform the House as to the variations in the incomes?
Nearly all the assessments are based on a three-years' average.