Two settlements over €1m in latest Revenue Defaulters ListWednesday 16 March 2016 08.24
€16.67m in settlements was paid to the Revenue Commissioners in the final three months of 2015, according to the latest Defaulters List.
The largest single settlement of €2.3m was made by Colm Redmond, a company director of Zetland Hotel in Connemara. He made the payment to Revenue for under declaration of Income Tax, VAT, and Capital Gains Tax.
The next biggest settlement, of €1.7m, was made by a building contractor from Durrow in Co Laois.
Michael Holland of Mill Road paid Revenue for under declaration of Income Tax and VAT.
Other settlements included Mullingar Chinese takeaway owner Wan Ping Ngai, who settled with Revenue for more than €770,000 for under declaration of Income Tax and VAT. He has previously appeared on the Defaulters List.
An airline steward from Midleton, Co Cork made a settlement of over €189,000.
It related to under declaration of Income Tax and a Revenue offshore assets investigation case.
Three disco operators from Clontarf in Dublin – Donal Bolger, Ross Bolger, and Warren Bolger – made combined settlements of nearly €500,000.
Of the 107 published cases for the period between October and December last year, 46 were for amounts exceeding €100,000; of which four exceeded €500,000; two of which exceeded €1m.
Three of the 107 settlements published, yielding around €540,000, relate to Revenue's investigation into offshore assets and funds.
More than 59 people were charged and fined for the misuse of marked mineral oil.
18 people were charged for smuggling cigarettes, 12 had addresses in Eastern Europe.
31 people were charged and fined for selling illegal cigarettes, while two publicans in Co Louth were charged and fined for possessing counterfeit alcohol for sale.