Vol. 536 No. 4
38 Mrs. B. Moynihan-Cronin asked the Minister for Finance the steps the Revenue Commissioners are taking to assess and secure payment of DIRT liabilities by banks and financial institutions for the period since 1999; and if he will make a statement on the matter. [14234/01]
I am advised by the Revenue Commissioners that the look-back audits of deposit interest retention tax have been completed in respect of the period up to 5 April 1999. Details of these audits, covering 37 institutions with a total yield of £173 million, have already been published. I am advised that Revenue's approach was to complete the look-back audits covering the period up to 5 April 1999 before considering the period subsequent to that date.
As regards the periods since 5 April 1999, the DIRT returns for 2000-01 were due and received within the last month. Revenue have indicated that they have also received submissions in respect of the periods after 5 April 1999 from most of the main financial institutions. Revenue is currently reviewing these returns and submissions and, following this analysis, they will determine the nature of the examination required to ensure that all DIRT due has been paid by the institutions concerned.
Question No. 39 answered with Question No. 8.
