No, unfortunately I didn't get answers to either of my specific questions.There you have it Sarenco, look likes the banks are taking any hit in this regard, you got your answer and I got mine, that being that you are not man enough to admit revenue can interpret the TCA and apply same and that we are not hamstrung by legislation as you contend.
In case you misinterpreted my questions, I simply asked whether you knew (given your position) whether Revenue had taken a position on any potential income tax liability on redress payments from AIB or whether they would seek to recover any TRS overpayments.
You very clearly don't know the answer to either of my questions. Again, that's obviously fine.
Of course Revenue can form their own view on the correct interpretation of any legislative provision. So can everybody else! However, only the Courts can give a definitive interpretation. The idea that Revenue can simply ignore legislation is risible.
All we know is that PTSB told affected borrowers that they were in discussions with Revenue. Did Revenue agree not to pursue any tax liabilities that would arise as a result of the redress scheme? Did PTSB agree to meet any such tax liabilities? I've no idea and I strongly suspect you don't either.