Revenue seeks to strike out O’Brien tax appeal
The court heard that in 2010, an inspector of taxes sought answers about Mr O’Brien’s returns for 1999 to 2000. In particular, the inspector asked about the exchange of Mr O’Brien’s holding of shares in Esat Telecom for certain loans in BT Hawthorn, Brian Murray, for the Revenue Commissioners said.
While the raising of such questions is limited by a bar of four to six years, this limit is not applicable if the inspector believes the returns are insufficient due to being compiled in a negligent manner, counsel said. The inspector in this case made such a finding.
