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Tax Collection.

Dáil Éireann Debate, Thursday - 6 May 2004

Thursday, 6 May 2004

Questions (75)

Brian O'Shea

Question:

66 Mr. O’Shea asked the Minister for Finance the progress made by his Department and the Revenue Commissioners in their consideration of the recommendations of the Revenue Powers Group; and when he expects a decision will be made on its recommendations. [12986/04]

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Written answers

I established the group and it is chaired by Mr. Justice Frank Murphy. It must examine Revenue's main statutory powers and report any necessary changes to me. As I have pointed out to Deputies in my response to several parliamentary questions on the group over the past few months, I have decided to allow a period for debate and public reflection on the many and varied issues with which the report deals. I published the group's report on 4 February in order to facilitate such a debate.

I implemented one of the group's recommendations in this year's Finance Bill, the power to allow Revenue access to information held by a non-resident entity over which a domestic financial institution has control. The matter would have arisen anyway. I will review all of the group's recommendations for next year's Finance Bill.

My Department and the Office of the Revenue Commissioners are examining the contents of the report. Given my view that these issues should be considered it is not appropriate to comment on the recommendations.

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