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Dáil Éireann debate -
Wednesday, 14 Dec 1988

Vol. 385 No. 7

Written Answers. - Supreme Court Decision.

107.

asked the Minister for Finance if he will make a statement on the implications of the recent Supreme Court decision in a case (details supplied) in July 1988.

108.

asked the Minister for Finance the proposals he has to prevent the loss of tax revenues to the State arising from the Supreme Court decision in a case (details supplied) in July 1988.

109.

asked the Minister for Finance the estimated losses to the Exchequer of tax avoidance schemes similar to that outlined in a Supreme Court case (details supplied) in July 1988.

It is proposed to take Questions Nos. 107, 108 and 109 together.

The implications of this decision, and the question of amending the present legislation to take account of it, are being actively examined.

Pending decisions on action to be taken to counter tax avoidance schemes, questions about the extent of any losses to the Exchequer as a result of such schemes must be speculative.

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