asked the Minister for Finance if he will supply an estimate of the savings which would have accrued to the State during the years 1982 to 1985, if the payment of Ireland's contribution to the VAT element of the European Communities' own resources were made on the basis of revenue received, i.e., method B of Council Regulation (EEC Euratom, ECSC) No. 2892/77 of 19 December 1977 instead of the present system based on revenue from VAT due.
Written Answers. - Savings in VAT Contribution.
36.
Our internal estimates, based on data available in 1985, indicate that use of method B would have yielded little or no net savings in our VAT contribution in the period 1982 to end 1985. However, because, inter alia, of indications that method B is likely to result in savings in future years, Ireland is adopting that method as from 1986.