This site uses cookies to improve your experience and to provide services and advertising. By continuing to browse, you agree to the use of cookies described in our Cookies Policy. You may change your settings at any time but this may impact on the functionality of the site. To learn more see our Cookies Policy.
Dublin: 12 °C Wednesday 20 June, 2018

Offshore Funds offenders listed among Revenue's tax defaulters

Five of the cases on the list exceeded €500,000.

Image: A big bag of cash via Shutterstock

REVENUE HAS PUBLISHED its latest tax defaults list, composing of 100 people and amounting to €13.77 million worth of settlements.

Four of these, yielding €0.47 million, relate to investigations into Offshore Funds.

Revenue says that taxpayers are only named “when the extensive voluntary disclosure options are not availed of and the default is as a result of careless or deliberate behaviour”.

In a statement today, Revenue said a total of 1,978 Revenue audit and investigations together with 20,258 Risk Management interventions were carried out in the period.

A third of the cases listed, all from between the 31 October and 31 December last year, were above €100,000, with five cases exceeding €500,000.

These are:

  • Nursing home proprietor Liam Holland of Grangecon, Coolananavalley, Carrigrohane, Co Cork, settled for €550,000.
  • Roofer Robert Grace of 8 Orlagh Close, Scholarstown Road, Rathfarnham, Dublin 16, settled for €536,122.
  • Heating and plumbing contractor Barry Murphy of 1 Blackthorn Drive, Blackstown Bridge, Killeens, Co Cork, settled for €991,864.
  • Motor dealership “Fargo Leisure Ltd.”, Monkswood, Tinnahinch, Enniskerry, Co Wicklow, settled for €599,069.
  • Civil engineering firm “Mulleady Civil Engineering Ltd.”, Main Street, Drumlish, Co Longford, settled for €762,125.48.

Other settlements on the list include a Clairvoyant from Coolnamaine, Oylegate, Enniscorthy, Co Wexford, who settled for €163,063 for the under-declaration of VAT and Income Tax.

Two accountants made the list, Yaw Dankwa of Unit 4 Drogheda Business Park with a settlement worth €78,821.41, and John A. Mulderrig of Dooder House, 2 Dodder Park Drive, Dublin 14 with a settlement worth €68,160.

    WATCH: Revenue will use this system to spot homes undervalued for Property Tax >

    • Share on Facebook
    • Email this article

    About the author:

    Nicky Ryan

    Read next:

    COMMENTS (24)