Wallace dodges six key questions over tax affairs

Tax-dodging TD Mick Wallace has avoided answering six key questions put to him by the Dáil committee probing his €1.4m defrauding of the state.

Though some Revenue documentation was disclosed, Mr Wallace has not yet granted the Dáil members’ interest committee the full correspondence with Revenue that it was seeking.

Committee chairman Thomas Pringle warned that action against Mr Wallace was looming if he did not co-operate more fully by the time it met next week.

Mr Wallace left unanswered the central question of whether he approached Revenue about his tax dodging first or if it initiated the audit of his firm.

He has claimed he prompted Revenue’s intervention into his tax affairs, but the Irish Examiner revealed the level of the fines imposed on his construction firm made it clear Revenue moved against him first.

The only question Mr Wallace did answer was regarding the accounting period within which his under-declaring of Vat came.

That deliberate tax dodge by Mr Wallace leaves his firm owing the state over €2.1m, including penalties and interest.