904K Power of inspection: notices of attachment

Summary

Section 1002 provides for returns to be made in respect of deductions from payments due to tax defaulters. This section allows for the inspection of those returns to ensure compliance by relevant persons.

Details

Definitions

(1) “authorised officer”, “books, records or other documents”, “relevant employee”, “relevant person” and “return” are defined for the purposes of this section and are self-explanatory.

(2) An authorised officer is empowered to enter, at all reasonable times, any premises or place of business of a relevant person for the purpose of auditing returns made by that relevant person under section 1002.

(3) The relevant person or their employees are required to produce books and records, to give information and explanations and to afford reasonable assistance to the relevant officer in carrying out his or her duties.

(4) An authorised officer may make extracts from, or copies of, books and records of the relevant person or require that copies be made available to him or her in carrying out his or her duties under the section.

(5) The officer is to produce proof of authorisation on request.

(6) An employee of a relevant person is liable to a penalty of €1,265 for failure to comply with the requirements of an authorised officer in the exercise or performance of his or her powers or duties.

(7) Where the relevant person fails to comply, the penalty is €19,045 with a further penalty of €2,535 for each day that the failure continues.

Relevant Date: Finance Act 2021