Eoghan Murphy
Question:73. Deputy Eoghan Murphy asked the Minister for Finance if he will clarify a situation regarding a decision by the Revenue Commissioners on the levying of VAT retrospectively (details supplied). [47790/13]
View answerTuesday, 12 November 2013
Questions (73)
Written answers
I am informed by the Revenue Commissioners that a Revenue audit was conducted on the firm in question. The audit identified a number of liabilities, including interest and penalties. These additional liabilities were accepted and agreed, in writing, by the proprietors. The principal component of the additional liabilities arose from the non-operation of VAT on the supplies of goods and services made by the firm. The particular goods and services as supplied by the firm in question are subject to VAT, and this applies to any operator that provide the same goods and service in the industry in question. The firm in question has now initiated High Court proceedings disputing the settlement reached with Revenue.