Dáil Éireann Debate, Tuesday - 5 February 2013
243. Deputy Pearse Doherty asked the Minister for Finance following a news report on Sunday 27 January that a company (details supplied) paid no tax here despite €57 million in revenues in its most recent financial year and a net profit, because of a series of facilitating tax allowances, if he will list the number of companies by name which are currently operational or headquartered here but are paying no tax to the Irish Exchequer. [5290/13]
View answerThe tax affairs of individual companies are a matter for the Revenue Commissioners and the companies concerned. I am informed by the Revenue Commissioners that their obligation to observe confidentiality in relation to the tax affairs of individual taxpayers and companies precludes them from providing the information requested by the Deputy in respect of individual companies. However, the Deputy may wish to note that companies file returns with no taxable profits for a variety of reasons and this may be the result of losses, capital allowances as well as the operation of other reliefs.
