Dáil Éireann Debate, Tuesday - 20 June 2017
293. Deputy Eamon Scanlon asked the Minister for Finance the reason a company (details supplied) that was put on the 0% rate of RCT in April 2017 is now subject to a 20% rate of RCT; and if he will make a statement on the matter. [27946/17]
Amharc ar fhreagraI am advised by Revenue that there were outstanding compliance matters that gave rise to the company concerned being subject to a Relevant Contracts Tax deduction rate of 20%. There is one remaining compliance issue still to be resolved and once this is resolved the deduction rate will be amended to 0% by Revenue. I understand that Revenue will make direct contact with the company to clarify the remaining compliance issue that needs to be attended to.
