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Taxes Consolidation Act, 1997 (Number 39 of 1997)


904B Report to Committee of Public Accounts: publication etc.

(1) In this section—

appropriate tax” and “relevant deposit taker” have, respectively, the meanings assigned to them by section 256(1);

authorised officer” has the meaning assigned to it by section 904A.

(2) Notwithstanding any obligation as to secrecy or other restriction upon disclosure of information imposed by or under statute or otherwise, the Revenue Commissioners—

(a) shall, before 1 November 2000, make a report in writing to the Committee of Public Accounts of Dáil Éireann, and

(b) may, at any time, cause to be made public a report, in such manner as they consider fit,

of the results (including interim results) of any audit carried out by an authorised officer under section 904A during the period from 25 March 1999 to the date the report is made.

(3) The report under subsection (2) shall be in respect of audits of relevant deposit takers for the years of assessment 1986-1987 to 1998-1999, and may specify, in respect of each such audit—

(a) the name of the relevant deposit taker concerned,

(b) the amount of additional appropriate tax payable by the relevant deposit taker as a result of the audit,

(c) the amount of interest payable in respect of any such amount,

(d) the amount of any fine or penalty imposed by a court on the relevant deposit taker under the Tax Acts, or accepted by the Revenue Commissioners in place of initiating proceedings for recovery of such fine or penalty,

(e) whether an assessment has been made in respect of appropriate tax and, if so, whether the assessment has been appealed,

(f) whether the audit has been completed as at the date of the report,

(g) the amount of any payment on account of appropriate tax paid by the relevant deposit taker in anticipation of an audit being carried out or during the course of an audit, and

(h) such further particulars as the Revenue Commissioners consider fit.




Inserted by FA00 s68(b).