Net tightens on Irish tax dodgers

THE Revenue Commissioners are poised to sign deals with some of the world’s most secretive tax havens in the world in a bid to prevent tax dodgers hiding their money abroad.

Irish officials have met with authorities in the Isle of Man, Guernsey, Jersey and the Cayman Islands and are confident agreements will be struck early next year to share sensitive banking information.

The deals would provide access for the first time to details about the owners of companies and trusts and help throw light on Irish-owned holdings, such as the Ansbacher accounts.