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Revenue reveals €27.7 million in settlements for tax defaulters

The settlements relate to 135 settlements reached in the fourth quarter of 2010.

File photo of Des Richardson, a former Fianna Fáil fundraiser, leaving the Mahon Tribunal in 2007. Richardson appears on the latest tax defaulters' list.
File photo of Des Richardson, a former Fianna Fáil fundraiser, leaving the Mahon Tribunal in 2007. Richardson appears on the latest tax defaulters' list.
Image: Eamonn Farrell/Photocall Ireland

Updated, 16:16

THE REVENUE COMMISSIONERS has published details of €27.7 million paid in taxes, interest and penalties by 135 tax defaulters.

The details related to settlements made in the final quarter of 2012, where the settlement falls over a minimum threshold.

The highest payment was made by Michael Healy, a plant hire contractor in Aughrim, Co Wicklow, whose settlement amounted to €2.026 million – based on an original tax bill of €694,317.

Triona Harrington, a bookmaker and property owner from Castlecomer in Co Kilkenny, reached a settlement of €1.371 million based on an original tax bill of €801,602.

A Waterford butcher, Thomas Kearney, paid €1.184 million entirely in penalties.

Among those who feature on the list is Ballsbridge-based business consultant Des Richardson, a former Fianna Fáil fundraiser, who reached a settlement for €108,906 based on an original tax liability of €38,251.

A total of 69 settlements worth over €100,000 were reached.

A separate list outlining people who faced criminal conviction for tax offences include one person, Drimnagh company director James Thompson, who was jailed for 14 months after being convicted on seven counts for failure to remit VAT.

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Gavan Reilly

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