Priest makes €433k settlement with Revenue

A CORK priest with extensive property interests has made a €433,475 settlement with the Revenue Commissioners following under-declaration of income tax and capital gains tax.

Priest makes €433k settlement with Revenue

Fr Tadhg O’Donovan, of Parochial House Whitechurch, Co Cork, made the settlement of €187,447 in unpaid taxes and €246,029 in penalties and interest after a Revenue audit.

He was fined €6,000 on 10 charges in the District Court last year, including five charges of delivering incorrect income tax returns and three counts of delivering incorrect information in rental income statements.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited