Tax defaulters settle with Revenue for €43m

Over 370 tax-defaulters made settlements with the Revenue Commissioners for nearly €43m, with five settlements over €1m, in the three months to the end of September, according to Iris Ofigiuil.

Over 370 tax-defaulters made settlements with the Revenue Commissioners for nearly €43m, with five settlements over €1m, in the three months to the end of September, according to Iris Oifigiuil.

It was confirmed today that the largest single settlement was for €3.7m from John Smith, a company

director in Dublin.

Another settlement was for €2.1m, the largest for underpayment of corporation tax, PAYE/PRSI and VAT was paid by O'Connors at Nenagh Shopping Centre.