Taxes Consolidation Act 1997 section 904B

Report to Committee of Public Accounts: publication etc

Section 904B permitted the Revenue Commissioners to publish the results of the DIRT look-back audits and required them to report to the Committee of Public Accounts of Dáil Éireann. This section is now spent.

• Revenue were obliged to submit a written report to the Committee of Public Accounts before 1 November 2000 on the results of DIRT look-back audits carried out on deposit takers for the years 1986–1987 to 1998–1999.
• Revenue could also publish a report, in whatever manner they saw fit, of the results (including interim results) of any audit carried out by an authorised officer between 25 March 1999 and the date of the report.
• The report could name each deposit taker audited and set out the additional deposit interest retention tax payable, interest due, fines or penalties imposed or settled, assessment and appeal status, and any payments on account made before or during the audit.
• The obligation to report overrode any statutory or other duty of secrecy or restriction on disclosure of information.