Readers like you keep news free for everyone.
More than 5,000 readers have already pitched in to keep free access to The Journal.
For the price of one cup of coffee each week you can help keep paywalls away.
Laura Hutton/Photocall Ireland
# Defaulters
Revenue collected €23 million from tax defaulters in the first three months of 2014
Seven of the 113 settlements published, yielding €2.32 million, relate to Revenue’s investigation into offshore funds.
OVER 110 TAX defaulters made settlements worth €23.25 million with the Revenue Commissioners in the first three months of 2014.
Of those settlements, 13 exceed €500,000, with 48 costing over €100,000.
The largest settlement sees a retired medical consultant, Maurice Fenton, from Dalkey in County Dublin hit with a judgement €2.6 million for under-declaration of income tax and capital gains tax.
Claire Campbell, a retired guesthouse owner from Ballsbridge, Dublin 4, paid over €2.2 million for the under-declaration of capital gains tax, while Robert Campbell, who is listed as an employee at the same address will pay €550,000 for the same offence.
A settlement of €978,775, was brought against a Cork-based casino operator Harlechdale Ltd, which is now in liquidation and Sean E Quinn, a retired company director from Malahide in County Dublin, agreed a settlement of €825,229 for under-declaration of capital gains tax and VAT.
An African food supplier, Benjamin Voka Nzambilanda, was ordered to pay €339,743 for under declaration of VAT and a Monaghan service station operator named Austin Woods was hit with a judgement of €642,138 for the same offence.
Brendan O’Flynn, a foreign exchange broker and taxi driver with an address in Greenhills Estate Dublin 12, was found to have under declared his income, having nearly €500,000 levied against him.
Seven of the 113 settlements published, yielding €2.32 million, relate to Revenue’s investigation into offshore funds, including a €545,901 settlement made against John Meany of Nenagh and a €585,826 settlement against a car dealer from Lusk in Dublin, Patrick Butterly.
A Revenue spokesperson told TheJournal.ie that most of the cases are paid already.
“[T]he majority of publishable settlements are either paid in full or are the subject of robust phased payment arrangements. The remainder are only deemed unable to pay in full following a rigorous review of the financial circumstances of the taxpayer.”
Read: The Houses of the Oireachtas have made Revenue’s tax defaulters list
