Brother of BoI chief Boucher features on tax defaulter list

A BROTHER of Bank of Ireland chief executive Richie Boucher (Richie pictured) appears on the latest quarterly tax defaulters list published by the Revenue Commissioners.

Paul Boucher — a company director with an address in Ranelagh, south Dublin — is included on the list of 62 individuals and companies who settled with Revenue in the final quarter of 2010. Mr Boucher paid Revenue €40,000 relating to the under-declaration of income tax, with Revenue adding that it had undertaken an investigation into offshore assets. About €10,000 of Mr Boucher’s settlement related to tax, with the remainder made up of interest and penalties.

Of the 62 cases, 31 were for amounts in excess of €100,000 — of which seven were above €500,000 and two exceeded €1 million.