Dáil Éireann Debate, Tuesday - 28 June 2016
96. Deputy Michael McGrath asked the Minister for Finance further to Parliamentary Question No. 120 of 21 June 2015 the number of settlements the Revenue Commissioners entered into for a sum greater than €100,000 and €500,000 respectively which resulted in non-publication by virtue of the provisions of section 1086 of the Taxes Consolidation Act 1997, in each of the years 2014 and 2015; and if he will make a statement on the matter. [18417/16]
View answerI am informed by Revenue that on foot of compliance interventions finalised in 2014 and 2015 the numbers of settlements which did not meet the criteria for publication are set out in the table:
|
Settlements greater than |
2014 |
2015 |
|
€100,000 |
658 |
666 |
|
€500,000 |
124 |
115 |
I am further informed that the main reasons why settlements in excess of €100,000 would not fall to be published are where the taxpayer has made a qualifying voluntary disclosure or where the matter relates to a technical adjustment, that is the additional tax liability arises due to a genuine mistaken interpretation or application of the legislation.
