Defaulters pay more than €32m in settlements

The Revenue has received €32

The Revenue has received €32.25 million in settlements, penalties and interest from 182 tax defaulters whose names are published in the current edition of Iris Oifigiúil.

The figure relates to cases completed between October and December of last year. Most of the settlements relate to the Revenue Commissioners' investigation of non-resident accounts. Settlements totalling €22.97 million from 118 errant taxpayers were received in this regard.

A further six settlements for a total sum of €2.21 million relate to Ansbacher account holders, including former Fianna Fáil deputy Denis Foley, who paid a total of €580,000 in settlement of a tax liability of €186,646.

There was only one case relating to the Revenue investigation into activities at National Irish Bank. Company director Patrick McCormick, from Oldcastle in Meath, paid €556,525 in tax interest and penalties.

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There were three settlements for more than €1 million with the largest being by established Dublin car dealers Murphy & Gunn. The group, which holds franchises for BMW, Toyota and Lexus, was hit with interest and penalties for underdeclaring VAT, PAYE and PRSI as well as being a holder of a bogus non-resident account.

Director Thomas Murphy also paid a total of €665,010 for underdeclared income tax and capital acquisitions tax. He also held a bogus non-resident account. In a statement, Murphy & Gunn acknowledged the settlement and said it was now "fully tax compliant".

Other significant settlements included €1.7 million from publican Finbarr Cogan, proprietor of Cogan's bar in Carrigaline, Co Cork. He was caught for a bogus non-resident account and undeclared Income Tax, VAT, PAYE and PRSI. Retired doctor George Lyons of Tralee paid over €1.25 million, also arising from a bogus non-resident account.

Mr Thomas Bohan, a building contractor from Moycullen, Co Galway, paid almost €1 million in relation to an offshore assets investigation as well as a bogus non-resident account.

Munster was hardest hit by the taxman with 29 of the published settlements relating to people with Cork addresses, higher even than the 23 from Dublin.

Farmers, publicans and building contractors comprised the largest individual groups, while there was also a large number of Italian restaurants.

Milkman Connie Boyle of Dungloe, Co Donegal paid over €155,000, and religious goods retailer Bernard Byrne of Knock Co Mayo paid over €72,000.

Mr Byrne said that the Bank of Ireland had given him bad advice some years ago. His payment arose from undeclared income tax, corporation tax, VAT and a bogus non-resident account.

Of the 182 published settlements, 63 were for amounts exceeding €100,000 and 14 exceeded €500,000.

The Revenue said its total yield from audit and investigation programmes in the period was €217.19 million.

Settlements from cases that were too small to merit publication of people's names netted €164.24 million for the Exchequer.