Tuesday, 9 June 2020

Ceisteanna (83)

Mary Butler

Ceist:

83. Deputy Mary Butler asked the Minister for Finance the number of instances and the value of tax involved in which divisions of the Revenue Commissioners (details supplied) issued reassessments of the amount of tax due between 2015 and 2019 and to date in 2020; and if he will make a statement on the matter. [10341/20]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Finance)

I am advised by Revenue that its Large Cases Division was realigned to Large Corporates Division (LCD) and Large Cases – High Wealth Individuals Division (LC-HWID) in May 2018. On 1 November 2018, the Medium Enterprises Division (MED) was established. Details of the number of instances and the value of tax involved in amended assessments made by these Divisions to reflect additional tax due are set out for each of the Divisions concerned in the following tables.

Large Corporates Division

Year

Number of amended assessments

Amount of original assessments

Additional tax liabilities identified

Amount of amended assessments

2020 (to date)

108

€341,820,130

€9,846,227

€351,666,357

2019

255

€1,266,379,923

€85,138,705

€1,351,518,628

2018

819

€4,965,379,584

€2,331,699,093

€7,297,078,677

2017

615

€2,485,061,456

€255,273,190

€2,740,334,646

2016

413

€1,847,457,863

€61,706,280

€1,909,164,143

2015

319

€1,449,727,845

€230,806,803

€1,680,534,648

Total

2,529

€12,355,826,801

€2,974,470,298

€15,330,297,099

Large Cases – High Wealth Individuals Division

Year

Number of amended assessments

Amount of original assessments

Additional tax liabilities identified

Amount of amended assessments

2020 (to date)

23

€7,046,764

€542,146

€7,588,910

2019

51

€6,076,083

€5,827,506

€11,903,589

2018

100

€26,529,798

€15,748,108

€42,277,906

2017

53

€11,195,318

€6,234,588

€17,429,906

2016

55

€2,825,358

€11,992,874

€14,818,232

2015

20

€1,748,834

€4,947,213

€6,696,047

Total

302

€55,422,155

€45,292,435

€100,714,590

Medium Enterprises Division

Year

Number of amended assessments

Amount of original assessments

Additional tax liabilities identified

Amount of amended assessments

2020 (to date)

702

€311,373,884

€20,763,459

€332,137,343

2019

1,539

€991,838,190

€55,575,492

€1,047,413,682

2018

249

€248,531,089

€11,949,687

€260,480,776

Total

2,490

€1,551,743,163

€88,288,638

€1,640,031,801

The taxes reported in the above tables are Corporation Tax, Income Tax, Domicile Levy, Capital Gains Tax, Capital Acquisitions Tax, Relevant Contracts Tax, Value Added Tax and PAYE, PRSI and USC.