Yields from Special Investigations
Figures of yield updated to 31 October 2010 from various Special Investigations/Initiatives by the Revenue Commissioners are set out in the table below.
Yields
While the figures shown for the Total Yields combining tax, interest and penalties accurately reflect the payments received at the appropriate date, the breakdown figures separating tax from interest & penalties are tentative because in some of the investigations many of the cases require to be finalised.
Numbers
Generally speaking, the numbers of cases shown in the table represent cases who have liabilities and do not include closed enquiry cases where no liabilities arose.
Updating the Table
This table is updated on a regular basis to reflect substantive changes.
| Investigation/ Initiative | Total Yields (A+B) |
Tax Paid (A) |
Interest & Penalties (B) |
No. of cases |
|---|---|---|---|---|
| Bogus Non-Resident Accounts | ||||
| (i) Bank look-back audits (1998-2000) | 225.0 |
91.5 |
133.5 |
25 |
| (ii) Voluntary Disclosures 2001(customers) | 227.2 |
116.2 |
111.0 |
3,675 |
| (iii) Post-November 2001 investigations* | 420.20 |
136.4 |
284.0 |
8,500 |
| Total Bogus Non-Resident Accounts | 872.60 | 344.1 |
528.5 |
12,200 |
| Offshore Assets* | 960.70 |
438.8 |
521.9 |
14,911 |
| Single Prem Policies* | 481.70 |
158.73 |
323.0 |
5,520 |
| Ansbacher* | 107.30 |
47.0 |
60.3 |
139 |
| NIB/Clerical Medical* | 60.14 |
30.0 |
30.1 |
312 |
| Tribunals | 41.0 |
22.9 |
18.1 |
23 |
| Trusts & Offshore Structures | 32.16 |
14.5 |
17.7 |
150 |
| Interest Reporting * | 81.70 | 32.0 | 49.7 | 1,253 |
| Total | 2,637.34 |
1,088.0 |
1,549.3 |
34,508 |
Note: Any apparent discrepancies in totals are due to rounding of constituent figures.
The tax paid at (A) above includes Income Tax, PAYE, VAT, Corporation Tax, CAT, CGT, Income Levy, PRSI and Health Levy.
*Breakdown figures of tax and interest/penalties shown in these rows are especially tentative.