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Dáil Éireann díospóireacht -
Tuesday, 29 Mar 1966

Vol. 222 No. 1

Ceisteanna—Questions. Oral Answers. - Interest on Post Office Savings.

10.

asked the Minister for Finance if the provisions of section 17 of the Finance Act, 1963 empowering the Revenue Commissioners to require disclosure of interest paid without deduction of tax apply to the Post Office Savings Bank; if such disclosure has been required in the past three years; and, if so, in how many cases.

Subsection (3) of section 17 of the Finance Act, 1963, provides that the section shall apply to the Post Office Savings Bank. The numbers of returns received from the Post Office Savings Bank by virtue of the section were as follows:

For the period ended 5th April, 196321,000

,, ,, ,, ,, ,, ,, 196431,000

,, ,, ,, ,, ,, ,, 196510,000

The reason for the lower figure for the latest year is that cases already returned in earlier years were not included again.

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