Foster & Allen owe €3m each to Revenue

Wednesday 23 November 2011 10.59
Foster and Allen owe €3m each to the Revenue Commissioners
Foster and Allen owe €3m each to the Revenue Commissioners

The High Court has ruled that musicians Foster and Allen must pay around €3m each to the Revenue Commissioners.

Michael Foster had challenged a judgment granted against him in 2008 for almost €3m in tax and penalties arising out of a €1m tax demand.

Tony Allen challenged the Revenue Commissioners action for summary judgment against him over a demand for income tax and penalties totalling almost €3.5m.

The claim for income tax goes back to the 1980s.

Mr Justice John Hedigan rejected their challenge.

He described Mr Foster's action as a "hopeless application" and said he had delayed too long in bringing it.

He found that Mr Allen had not established that he had a real defence that was likely to succeed to the application for judgment.