Dáil Éireann Debate, Thursday - 19 June 2025
229. Deputy George Lawlor asked the Minister for Finance to outline the engagement he has had with a company (details supplied) in view of their closure announcement; the affirmative action the Government will take to ensure the company comply with their capital gains obligations around intellectual property; and if he will make a statement on the matter. [33306/25]
Amharc ar fhreagraIt is not appropriate for the Minister for Finance to comment on the tax affairs of individual businesses.
The monitoring of compliance with tax obligations is a matter for Revenue, and extensive powers have been granted in legislation to facilitate this process. Further information in this regard can be found on the Revenue website, including in the Revenue Code of Practice for Compliance Interventions, available at www.revenue.ie/en/tax-professionals/documents/code-of-practice-revenue-compliance-interventions.pdf.
Revenue is precluded under Section 851A of the Taxes Consolidation Act 1997 from commenting on the tax affairs of an individual, business or entity.
