The Revenue has published details of 141 settlements made with tax defaulters in the three months to the end of September. These were worth €31.6m.
Seven settlements for more than €1m were made. The biggest involved a company director from Arklow, Anthony Fogarty, who paid a total of just under €2.75m - €900,000 in tax and the rest in interest and penalties - for underdeclaration of income tax. His case was linked to the Revenue investigation into offshore assets.
His company, hardware merchant P Boland, also based in Arklow, settled for €2.2m after a Revenue audit.
The late property developer Phil Monahan is also named in a €543,000 settlement in connection with a bogus non-resident account.
25 of the settlements, totalling just under €7m, relate to bogus non-resident account, four are linked to Ansbacher accounts, 25 to Revenue investigations into offshore funds and 26 relate to Revenue's single premium insurance product investigation.
