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Over €22 million in Revenue settlements made in second quarter

Four people have made settlements of more than €1 million with the Revenue Commissioners for...
Newstalk
Newstalk

15.22 10 Sep 2013


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Over €22 million in Revenue se...

Over €22 million in Revenue settlements made in second quarter

Newstalk
Newstalk

15.22 10 Sep 2013


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Four people have made settlements of more than €1 million with the Revenue Commissioners for defaulting of tax.

The biggest settlement of over €2.1 million was with Midland Contractors Limited from Courtown in Kells which is in liquidation.

Company Director and landlord Brendan O'Connor from Kilbride in Enniscorthy, Orthopaedic Bed Company Limited in Carrick-on-Shannon in Leitrim and Barry & Sons based at Fashion City in Ballymount in Dublin all made settlements over €1 million.

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The total number of settlements made between April and June was 136. These have been valued at more than €22 million by Revenue.

Of the 136 published cases, 59 were for amounts exceeding €100,000 of which 7 exceeded €500,000 and 4 of those were over €1,000,000.

Of the 136 cases, 4 settlements totalling €1.28 million relate to Revenue’s Single Premium Insurance Products Investigation Cases.

Read the list in full here


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