David Stanton
Question:169 Mr. Stanton asked the Minister for Finance the number of C45 forms issued in the building industry in the past 12 months; and if he will make a statement on the matter. [17833/97]
Written Answers. - Tax Forms.
I am informed by the Revenue Commissioners that 242,976 forms C45, now renamed relevant contracts tax deduction certificate — RCT DC, were issued in the 12 months ending 30 October 1997.
David Stanton
Question:170 Mr. Stanton asked the Minister for Finance the number of people penalised for failure to retain declaration form RCT 1 by a principal contractor for inspection by the Inspector of Taxes during the past 12 months; if he will give details of these penalties; and if he will make a statement on the matter. [17834/97]
I am informed by the Revenue Commissioners that penalties were not imposed on any principal or sub-contractor during the past 12 months for failure to retain RCT 1 forms.
David Stanton
Question:171 Mr. Stanton asked the Minister for Finance the number of people penalised for failure to make a declaration on form RCT 1 by principal or subcontractors in the building industry in the past 12 months; the nature of these penalties; and if he will make a statement on the matter. [17835/97]
I am informed by the Revenue Commissioners that penalties were not imposed on any principal or subcontractor in the building industry for failure to make a declaration on form RCT 1 in the 12 months ended 30 October 1997.
David Stanton
Question:172 Mr. Stanton asked the Minister for Finance the number of RCT 1 declaration forms retrieved from the building industry in the past 12 months; and if he will make a statement on the matter. [17836/97]
I am informed by the Revenue Commissioners that principal contractors are obliged under the provisions of the Income Tax (Construction Contracts) Regulations 1971, as amended to retain RCT 1 forms as part of their normal business records for a period of six years after the end of the year to which they refer or for such shorter period as the Revenue Commissioners may authorise in writing. They are not retrieved from the building industry, but must be made available to Revenue officials in the course of an audit compliance inspection.