REVENUE HAS PUBLISHED its list of tax defaulters for the final quarter of the year.
The latest list of tax defaulters covers the period between 1 October 2018 and ending on 31 December 2018.
The list is published in two parts: Part 2 lists cases where a settlement offer has been accepted or paid in full. The total number of settlements for this period, published in Part 2 is 73, worth a total of €12,718,967.69.
The largest settlement on this list was from phone repair service provider and hair products retailer Seces International Trade Ltd, located on Moore St, Dublin. This related to an under-declaration of Corporation Tax, VAT and PAYE/PRSI/USC.
The list also includes broadcaster Mark Cagney, and actor Danny O’Carroll.
Part 1 of the list relates to cases “where penalties relating to under declaration of tax or non-declaration of tax are determined by the Court, and where the tax, interest and penalty is more than €35,000, the penalty exceeds 15% of the total tax and a qualifying disclosure was not made”.
Among the largest penalties were €124,149 to auctioneer Michael O’Donovan & Sons Ltd, based in Co Cork and now in liquidation. This penalty was in relation to an under-declaration of Corporation Tax and VAT in the amount of €165,532.00.
Part 1 consists of 184 cases amounting to €754,383.15.
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