A Dublin-based machinery distributor has made the largest ever publicly declared tax settlement with Revenue worth a total of €9.5 million.
Leslie Reynolds and Company Ltd, of 126 East Wall Rd, Dublin, paid €3.5 million in tax liability for undeclaration of PAYE, VAT and PRSI following a tax audit and a further €6.3 million in fines.
Mr Reynolds, with an address at Offington Lawn, Sutton, Co Dublin, made a personal tax settlement of €400,000.
The latest list of tax defaulters covers settlements made in the three months from April to June this year.
The second largest settlement of €3.39 million was made by Patrick Brady of Gort, Co Galway, for under-declaration of income tax and possession of a bogus non-resident account.
Retired company director Thomas Clifford from Tralee, Co Kerry, made a settlement of €3.1 million as part of the Ansbacher investigation. Michael Coleman of Blarney, Co Cork made a settlement of €1.06 million.
Bogus offshore account holder Patrick McDermott of Boyle, Co Roscommon, settled for €1.05 million.
Revenue has collected €135.11 million in audit and investigation programmes in the three months from April 1st last.
Of 170 published settlements, 97 totalling €16.16 million relate to bogus non-resident account-holders, while 21 settlements totalling €3.06 million relate to investigations into offshore funds.
Two settlements totalling €6.43 million relate to Ansbacher account holders, and one settlement of €0.2 million relates to Revenue's NIB Investigations.