Revenue collects nearly €15m from tax defaulters

Almost €15m was recovered from tax defaulters in the final three months of last year.

According to the latest defaulters list from the Revenue Commissioners, settlements were agreed with 90 individuals and companies in the three-month period of December 31, 2011.

Up to 43 were for amounts exceeding €100,000, of which six exceeded €500,000 and one of those exceeded €1m

Two settlements totalling €1.78m related to Bogus Non-Resident Accounts, while ten totalling €1.09m relates to Revenue investigations into Offshore Funds.

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