Marian Harkin
Ceist:121 Ms Harkin asked the Minister for Finance the reason accounts held in financial institutions in Northern Ireland are deemed offshore or non-resident in view of a matter (details supplied). [14818/04]
Amharc ar fhreagraWednesday, 19 May 2004
Ceisteanna (126)
Freagraí scríofa
I am advised by the Revenue Commissioners that in regard to tax matters, accounts held in Northern Ireland are regarded as accounts held outside the State. The term "offshore", when used in this context, is a colloquialism to denote accounts held outside the jurisdiction. It is not a legal term.