asked the Minister for Finance whether the introduction of value-added tax in this country, should EEC membership materialise, will result in the abolition of turnover tax and wholesale tax in their present forms.
Ceisteanna—Questions. Oral Answers. - Value-Added Tax in EEC Conditions.
12.
The directives on the harmonisaton of turnover taxation within the EEC allow an interim period during which certain options are available to member States as to the manner in which they will implement the directives. These options include the maintenance of an independent supplementary tax at the retail or wholesale stage side by side with the value-added tax; but the exercise of any option requires consultation between the Commission and the member State concerned.
In these circumstances it would be premature at this stage to express any detailed policy affecting the future of the turnover and wholesale taxes.