173 people have had their names published after they made settlements totalling €21m with the Revenue.
The bulk of the money was paid following an investigation into bogus non-resident account holders who handed over €14m. Among the names was Cian O'Connor's vet, James Sheeran, and South Dublin County Council.
When Cian O'Connor's horse Waterford Crystal tested positive for two banned substances his vet James Sheeran hit the headlines. But today Mr Sheeran's name was highlighted when it emerged that he made a settlement of €17,800 following a Revenue offshore assets investigation.
Today 173 names were published for the three months to the end of March. The defaulters paid a total of €21m in interest, tax and penalties.
South Dublin County Council paid €106,000 because it had under-declared its VAT. This is the first time a local authority has fallen foul of the taxman.
The biggest settlement was made by Eugene Hardiman, a doctor from Rooskey, Co Roscommon. He paid €1.4m 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.
South Dublin County Council said its settlement related to an under-payment of VAT on imported goods and services during the period January 2003 to June 2004. It said the under-payment arose from an accounting error that was highlighted during a Revenue audit in 2004.
It said the under-declaration of VAT, while regrettable, was not intentional and steps had been taken to make sure the error was not repeated.
