Revenue Publishes List of Tax Defaulters

Today (08/09/2020), Revenue published the List of Tax Defaulters in respect of the period 1 April 2020 to 30 June 2020. The list is published in Iris Oifigiúil, in two parts.

• Part 1: Persons in whose case the Court has determined a penalty relating to a settlement, or has imposed a fine, imprisonment or other penalty in respect of a tax or duty offence.
• Part 2: Persons in whose case Revenue has accepted a settlement offer instead of initiating court proceedings, or a settlement has been paid in full. This list reflects the amount of a settlement that remained unpaid at the end of the period 30 June 2020.

Part 1: Court Determinations

• Court Determination of Penalty: Subject to certain criteria, in settlement cases where there is no agreement to a penalty, or a person fails to pay an agreed penalty, the Court determines the penalty. Details are published when the Court determined penalty exceeds 15% of the total tax and the total of the tax, interest and penalty is more than €35,000 and a qualifying disclosure has not been made:
  • There were no such cases in the 3-month period to 30 June 2020

• Court imposed fine, imprisonment or other penalty: Details are published when a fine or other Court penalty is imposed in respect of tax or duty offences. Court penalties may include imprisonment, partly suspended or suspended sentences, community service in lieu of imprisonment, and closure orders.
  • 12 such cases are published and €16,250 is the total of court fines imposed.

These cases include:

• 6 cases of failing to lodge tax returns and failing to produce books and records. Court fines of €1,250 were imposed in all 6 cases;
• 3 cases of misuse of marked mineral oil, in respect of which Court fines of up to €3,500 were imposed;
• 3 cases of excise offences for smuggling of tobacco. 12 month suspended sentences were imposed in all 3 cases.

Part 2: Settlements

Settlements are published when the extensive voluntary disclosure options are not availed of and the default arises because of careless or deliberate behaviour:

• 25 cases are published today and €8,491,348 is the total settlement amount in these cases;
• 18 cases were for amounts exceeding €100,000
  • of which 6exceeded €500,000
  • and 3 of which exceeded €1m;
• 10 are cases in which the settlement was not fully paid as at 30 June 2020
• €4,821,659 was the amount unpaid as at 30 June 2020. In some cases, collection/recovery of the full unpaid amount will not be possible (for example, company liquidation).

Revenue Compliance Yield

These published settlements reflect only a portion of all Revenue audits and investigations.

In the 3-month period to 30 June 2020, a total of 345 Revenue audit and investigations, together with 10,786 Risk Management Interventions (Aspect Queries and Profile Interviews), were settled, resulting in yield of €85.8 million in tax, interest, and penalties.

List of Tax Defaulters

ENDS [08/09/2020]