Seán Fleming
Question:50. Deputy Sean Fleming asked the Minister for Finance if an organisation (details supplied) was granted charity status by the Revenue Commissioners; and if he will make a statement on the matter. [24985/14]
View answerThursday, 12 June 2014
Questions (50)
Written answers
I am advised by Revenue that for reasons of taxpayer confidentiality it cannot comment on the tax affairs of individual bodies. However, Revenue has confirmed to me that a full list of bodies or trusts holding charitable tax exemption is available on its website at www.revenue.ie and the Deputy will be in a position to see that the organisation in question is not on the list.
By way of background information, Revenue has also confirmed to me that to avail of a charitable tax exemption under Section 207 of the Taxes Consolidation Act 1997, a body or trust must be established for charitable purposes only and must apply all of its income to those purposes.
Finally, Revenue has assured me that it has procedures in place to ensure that charitable tax exemption is only granted to bodies or trusts that meet the necessary qualifying criteria. It also has procedures in place to carry out periodic reviews on the bodies or trusts that hold charitable tax exemption to ensure compliance with the terms under which it was granted. These reviews take into account all of the relevant issues in regard to the exemption, including any matters which may have been brought to Revenue's attention.