Michael McGrath
Question:75. Deputy Michael McGrath asked the Minister for Finance if he will address a taxation query (details supplied). [36437/16]
View answerWednesday, 23 November 2016
Questions (75)
Written answers
It is understood the matter referred to by the Deputy concerns a redress scheme for customers of a financial institution relating to access to tracker mortgages. Before determining the tax consequences on this matter the Revenue Commissioners have advised me that they would need to examine the detailed documentation. However, it is also understood that should a tax liability attach to any element of the redress scheme, the tax liability will be discharged by the relevant financial institution.