173 people have had their names published after they made settlements with the Revenue Commissioners totalling €21 million. The bulk of the money was paid up following an investigation into bogus non-resident account holders who handed over €14 million.
Among the names was show jumper Cian O'Connor's vet James Sheeran and South Dublin County Council. Mr Sheeran made a settlement of €17,800 following a Revenue offshore assets investigation.
In a statement, South Dublin County Council said its under-declaration of VAT, while regrettable, was not intentional and a settlement of €106,000 has been paid in full. It said the issue arose from an accounting error that was highlighted during a Revenue audit in 2004.
The biggest settlement was made by Eugene Hardiman, a doctor from Rooskey, Co Roscommon. He paid €1.4m in interest tax and penalties for under-declaring income and holding a bogus non-resident account.
Co Meath furniture retailer Beechmount and two of its directors, Patrick and John Sherlock, paid a total of €1.6m on a variety of tax issues, including holding offshore assets.
There were 105 settlements totalling €14.4m related to the bogus non-resident accounts investigation. Apart from the people who had their names published, the Revenue also collected €79m in the first three months of year. This is from people who made small settlements or availed of the voluntary disclosure scheme.
