Revenue leave no safe haven to hide

THE Revenue Commissioners warned yesterday that tax dodgers’ days are numbered.

Chairman Frank Daly said the EU Savings Directive and proposed money laundering legislation from the OECD will mean that within a few years tax evaders will literally “have no where left to hide.”

Due to the changes in the law Revenue are actively engaged in talks with their counterparts in the Isle of Man, Jersey, Guernsey and the Cayman Islands.