asked the Minister for Finance if he will state in relation to the Irish Trust Bank (in liquidation): (1) the total amount of money refunded by the State to depositors; (2) the total amount of money refunded to the State by the liquidator in respect of payments made to the depositors; (3) the amount of income tax paid on interest earned by the bank from the date of liquidation to 31 March 1983; and (4) the amount of interest, if any, paid to the State on payments made by the State to depositors as at 31 March 1983.
Written Answers. - Irish Trust Bank.
718.
Following is the information requested by the Deputy: (1) £1,875,279 by the Exchequer; (2) £247,876 to the Exchequer. In addition the Central Bank provided £988,705 for payment to depositors which has now been fully recouped to the bank by the liquidator. (3) It is not the practice of the Revenue Commissioners to disclose details of individual cases. However the question of tax on deposit interest arising to the liquidator in this case is at present under negotiation between the liquidator and the inspector of taxes. (4) No interest has been paid to the State on payments made to depositors.