Taxes Consolidation Act 1997 section 960D

Tax to be debt due to Minister for Finance

Section 960D provides that any tax due and payable to the Revenue Commissioners is treated as a debt owed to the Minister for Finance for the benefit of the Central Fund.

• Tax that is due and payable to Revenue is legally classified as a debt due to the Minister for Finance.
• The debt is treated as being for the benefit of the Central Fund, which is the main Exchequer account through which government revenue and expenditure flows.
• This provision gives the State a formal legal basis on which to pursue and recover unpaid tax through the courts as a debt owed to the State.